BlackRock TCP: Fourth Quarter Earnings Overview

BlackRock TCP Capital Corp. Reports Fourth Quarter Results

BlackRock TCP Capital Corp., headquartered in Santa Monica, California, announced a net loss of $118.3 million for the fourth quarter.

The company reported a quarterly loss of $1.40 per share. After adjusting for investment-related expenses, earnings stood at $0.26 per share.

During the quarter, the firm generated $43.9 million in revenue.

For the full year, BlackRock TCP Capital Corp. recorded a total loss of $88.9 million, or $1.05 per share, with annual revenue reaching $201.8 million.