SANTA MONICA, Calif. (AP) _ BlackRock TCP Capital Corp. (TCPC) on Wednesday reported first-quarter net income of $35.5 million, after reporting a loss in the same period a year earlier.

The Santa Monica, California-based company said it had net income of 61 cents per share. Earnings, adjusted for investment gains, were 32 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 32 cents per share.

The investment company posted revenue of $41.2 million in the period.

BlackRock TCP shares have risen 28% since the beginning of the year. The stock has climbed 81% in the last 12 months.

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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 TCPC at https://www.zacks.com/ap/TCPC