PennantPark Investment

PennantPark Investment Corp. engages in the provision of access to the middle market direct lending. It seeks to create diversified portfolio which includes first lien secured debt, second lien secured debt, subordinated debt and equity investments. The company was founded by Arthur H. Penn on January 11, 2007 and is headquartered in New York, NY.

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

PennantPark Investment reports robust Q2 performance amidst market challenges

PennantPark Investment's Q2 2024 performance reflects a strong financial position, with a focus on core middle market opportunities and strategic growth initiatives.
While the company faces challenges related to market dynamics and competition, they have opportunities to drive future growth through prudent investment strategies and portfolio diversification.
By emphasizing capital preservation and attractive risk-adjusted returns, PennantPark Investment aims to navigate challenges and capitalize on opportunities for sustainable long-term success.

PennantPark Investment posts strong Q4 results, eyes growth opportunities

PennantPark Investment delivered a strong performance in Q4 2024, maintaining a focus on core sectors and generating attractive returns. While facing challenges in market dynamics and credit sustainability, the company has opportunities to drive growth through strategic investments and refinancing. Overall, PNNT's solid financial results and diversified portfolio position it well for future success.

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NEW YORK, Aug.  05, 2020  (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2020.

PennantPark Investment Corporation Announces Financial Results for the Quarter Ended June 30, 2020

Joint Venture to Target Middle Market Financing Opportunities

PennantPark Investment Corporation Announces Transaction With Pantheon

NEW YORK, July  09, 2020  (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2020 on Wednesday, August 5, 2020 after the close of the financial markets.

PennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2020 Results

PennantPark Investment's (PNNT) CEO Art Penn on Q2 2020 Results - Earnings Call Transcript

PennantPark (PNNT) delivered earnings and revenue surprises of -6.25% and -0.30%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

PennantPark (PNNT) Q2 Earnings and Revenues Miss Estimates

PennantPark (PNNT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season

Is a Surprise Coming for PennantPark (PNNT) This Earnings Season?

NEW YORK, April  06, 2020  (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (“PNNT,” “we” or “our”) (Nasdaq: PNNT) announced today that it issued an open letter to its stakeholders regarding a business update amid the COVID-19 pandemic.

PennantPark Investment Corporation Issues Letter to Stakeholders

NEW YORK, April  01, 2020  (GLOBE NEWSWIRE) -- Directors, officers and other employees of PennantPark Investment Advisers, LLC purchased an aggregate of 208,136 shares of PennantPark Investment Corporation (“PNNT,” “we” or “our”) (Nasdaq: PNNT) common stock from February 12, 2020 to March 31, 2020.

PennantPark Investment Corporation Announces Share Purchases by Management and Directors

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High Yield: Owning BDCs During The Crisis

NEW YORK, March  03, 2020  (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) declares its second fiscal quarter 2020 distribution of $0.18 per share, payable on April 1, 2020 to stockholders of record as of March 18, 2020. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

PennantPark Investment Corporation Announces Quarterly Distribution of $0.18 per Share

PennantPark Investment (PNNT) CEO Art Penn on Q1 2020 Results - Earnings Call Transcript

NEW YORK, Dec.  03, 2019  (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) declares its first fiscal quarter 2020 distribution of $0.18 per share, payable on January 2, 2020 to stockholders of record as of December 19, 2019. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

PennantPark Investment Corporation  Announces Quarterly Distribution of $0.18 per Share

PennantPark Investment's (PNNT) CEO Art Penn on Q4 2019 Results - Earnings Call Transcript

PennantPark (PNNT) delivered earnings and revenue surprises of -16.67% and -2.00%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

PennantPark (PNNT) Q4 Earnings and Revenues Lag Estimates

PennantPark (PNNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: PennantPark (PNNT) Q4 Earnings Expected to Decline

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3 BDCs Yielding 3X What REITs Do

NEW YORK, Oct.  10, 2019  (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the fourth fiscal quarter ended September 30, 2019 on Thursday, November 21, 2019 after the close of the financial markets.

PennantPark Investment Corporation Schedules Earnings Release of Fourth Fiscal Quarter 2019 Results

NEW YORK, Sept.  24, 2019  (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (“we,” “our,” “us” or the “Company”) (NASDAQ: PNNT) announced that it has priced an underwritten public offering of $75 million in aggregate principal amount of 5.50% unsecured notes due 2024 (the “Notes”). The Notes will mature on October 15, 2024 and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after October 15, 2021. The Notes will bear interest at a rate of 5.50% per year, payable quarterly on January 15, April 15, July 15 and October 15 of each year, with the first interest payment due on January 15, 2020. The Company has granted the underwriters an option to purchase up to an additional $11.25 million aggregate principal amount of the Notes to cover over-allotments, if any.

PennantPark Investment Corporation Prices Public Offering of $75 Million 5.50% Unsecured Notes Due 2024

NEW YORK, Sept.  24, 2019  (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (“we,” “our,” “us” or the “Company”) (NASDAQ: PNNT) announced that it plans to make a public offering of unsecured notes due 2024 (the “Notes”), subject to market conditions. The Company will also grant the underwriters an option to purchase up to an additional 15% of aggregate principal amount of the Notes to cover overallotments, if any. The Notes are unsecured and are expected to pay interest quarterly. The offering of the Notes will be made under the Company’s shelf registration statement, which was filed with and has been declared effective by the Securities and Exchange Commission. The Notes are expected to be listed, and trade, on the Nasdaq Global Select Market under the trading symbol “PNNTG” within 30 days from the original issue date. The interest rate and other terms of the Notes will be determined at the time of pricing of the offering.

PennantPark Investment Corporation Announces Public Offering of Unsecured Notes Due 2024

NEW YORK, Sept.  09, 2019  (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (“we,” “our,” “us” or "PennantPark") (NASDAQ: PNNT) announced today that it has completed all the necessary amendments to its multi-currency, senior secured revolving credit facility with certain lenders and SunTrust Bank acting as administrative agent (the “Credit Facility”). The facility extends the term of the revolving period from May 25, 2021 to September 4, 2023 and the final maturity date from May 25, 2022 to September 4, 2024, for $420 million out of the total $475 million commitments. The facility also amends the covenants in the Credit Facility, in combination with PennantPark’s other existing debt sources, enabling us to utilize the flexibility and incremental leverage provided by the Small Business Credit Availability Act (“SBCAA”) in the future.

PennantPark Investment Corporation Announces Completion of Amended Credit Facility

PennantPark Investment Corp (PNNT) CEO Arthur Penn on Q3 2019 Results - Earnings Call Transcript

PennantPark (PNNT) Earnings Expected to Grow: Should You Buy?

Is PennantPark Investment (PNNT) a great pick from the value investor's perspective right now? Read on to know more.

Should Value Investors Pick PennantPark Investment (PNNT) Stock?

PennantPark Investment Corp. (PNNT) CEO Art Penn on Q2 2019 Results - Earnings Call Transcript

News for PennantPark Investment ETF (PNNT)