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Sutter Rock: Q1 Earnings Snapshot

NEW YORK (AP) Sutter Rock Capital Corp. (SSSS) on Wednesday reported net income of $20.5 million in its first quarter. The New York-based company said it had net income of 66 cents per share. ....

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Sutter Rock: Q1 Earnings Snapshot


Sutter Rock: Q1 Earnings Snapshot
May 5, 2021
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SAN FRANCISCO (AP) Sutter Rock Capital Corp. (SSSS) on Wednesday reported first-quarter net income of $108 million, after reporting a loss in the same period a year earlier.
The San Francisco-based company said it had profit of $4.50 per share. Losses, adjusted for investment gains, came to 14 cents per share.
The investment fund posted revenue of $291,400 in the period. Its adjusted revenue was $291,000.
Sutter Rock shares have risen roughly 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.24, an increase of 11% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSSS at https://www.zacks.com/ap/SSSS ....

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