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Portman Ridge Finance reports Q1 EPS 47c, consensus 60c

Reports Q1 NAV per share $18.85. Ted Goldthorpe, CEO of Portman Ridge, stated, “During the first quarter we continued to execute on our disciplined investment strategy, deploying approximately $17.5 million into strong, defensively positioned portfolio companies. Concurrently, we had $15.7 million in repayments and sales, resulting in our return to net deployers of capital.”

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