LOS ANGELES (AP) _ Oaktree Specialty Lending Corp. (OCSL) on Thursday reported fiscal second-quarter net income of $88.1 million, after reporting a loss in the same period a year earlier.
The Los Angeles-based company said it had net income of 60 cents per share. Earnings, adjusted for non-recurring gains, were 14 cents per share.
The specialty finance company posted revenue of $41.9 million in the period.
Oaktree Specialty Lending shares have risen 21% since the beginning of the year. The stock has risen 63% 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 OCSL at https://www.zacks.com/ap/OCSL
∎