New Mountain: Fourth Quarter Earnings Overview

New Mountain Finance Corp. Reports Fourth Quarter Results

New Mountain Finance Corp., headquartered in New York, announced a net loss of $26.9 million for the fourth quarter.

The company reported a loss of $0.25 per share. However, after adjusting for investment-related expenses, earnings stood at $0.32 per share.

These adjusted earnings matched the consensus forecast from four analysts polled by Zacks Investment Research, who also anticipated $0.32 per share.

During the quarter, the company generated $77.4 million in revenue, which was slightly below the $78.8 million expected by analysts surveyed by Zacks.

For the full year, New Mountain Finance Corp. recorded a profit of $16.5 million, or $0.16 per share, with total revenue reaching $327.1 million.