MCG Capital Corporation (MCGC) reported third quarter net income of $4.18 million or $0.08 per share, compared to net loss of $66.95 million or $0.90 per share last year.
On average, 5 analysts polled by Thomson Reuters expected the company to report earnings of $0.15 per share. Analysts' estimates typically exclude special items.
Total revenue declined to $23.61 million from $31.3 million in the prior year quarter. Three analysts estimated revenues of $23.38 million.
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