Blue Owl Tech: Q3 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Blue Owl Technology Finance Corp. (OTF) on Wednesday reported third-quarter earnings of $234.9 million.
On a per-share basis, the New York-based company said it had profit of 50 cents. Earnings, adjusted for investment gains, came to 32 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The specialty finance company posted revenue of $322.6 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OTF at https://www.zacks.com/ap/OTF