Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2024 Financial Results Release and Conference Call

Portman Ridge Finance Corporation will announce Q4 2024 results on March 13, 2025, followed by a conference call March 14.

Quiver AI Summary

Portman Ridge Finance Corporation announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024, on March 13, 2025, after market close. Following the release, a conference call will be held on March 14, 2025, at 10:30 a.m. ET to discuss the results. Investors can access the call by phone or through a live audio webcast. A replay of the call will be available until March 21, 2025. Portman Ridge is a publicly traded investment company that focuses on middle market investments, managed by Sierra Crest Investment Management LLC, an affiliate of BC Partners Advisors, LP. Additional information, including SEC filings and financial reports, can be found on the company's website.

Potential Positives

• Portman Ridge Finance Corporation is scheduled to release its financial results for the fourth quarter and full year ended December 31, 2024, providing transparency and updates on its financial performance.
• The company will host a conference call to discuss these results, allowing stakeholders and investors to engage directly with management and gain insights into the company's operations and outlook.
• The availability of a live audio webcast and an online archive demonstrates the company’s commitment to accessibility and shareholder communication.

Potential Negatives

• Financial results for the fourth quarter and full year 2024 are being released later than expected, which may indicate operational delays or issues.
• The upcoming conference call to discuss financial results may highlight underperformance or challenges faced in the previous year, contributing to negative investor sentiment.
• As an externally managed investment company, there may be concerns about its dependency on the advisor's performance, which could impact its overall financial health.

FAQ

When will Portman Ridge release its Q4 2024 financial results?

Portman Ridge Finance Corporation will release its financial results on Thursday, March 13, 2025, after market close.

How can I access the Portman Ridge conference call?

You can access the call by dialing (646) 968-2525 and using the conference ID 4473265 about 10 minutes prior to the start.

What is the date and time of the conference call?

The conference call will take place on Friday, March 14, 2025, at 10:30 a.m. ET.

Where can I find the webcast of the conference call?

The live audio webcast can be accessed at https://edge.media-server.com/mmc/p/4vkehc2n.

How long will the conference call replay be available?

A replay of the conference call will be available until March 21, 2025.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$PTMN Hedge Fund Activity

We have seen 11 institutional investors add shares of $PTMN stock to their portfolio, and 28 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• REPERTOIRE PARTNERS LP removed 304,520 shares (-60.4%) from their portfolio in Q3 2024, for an estimated $5,648,846
• INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC removed 43,166 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $705,332
• REDHAWK WEALTH ADVISORS, INC. removed 43,140 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $704,907
• CLAYTON PARTNERS LLC removed 42,331 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $785,240
• CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. removed 33,426 shares (-68.6%) from their portfolio in Q3 2024, for an estimated $620,052
• CITADEL ADVISORS LLC removed 20,001 shares (-95.1%) from their portfolio in Q3 2024, for an estimated $371,018
• SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 19,957 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $370,202

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release

NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge” or the “Company”) to release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, March 13, 2025, after market close. The Company will host a conference call on Friday, March 14, 2025, at 10:30 a.m. ET to discuss these results.

By Phone: To access the call, please dial (646) 968-2525 approximately 10 minutes prior to the start of the conference call and use the conference ID 4473265.

A replay of this conference call will be available shortly after the live call through March 21, 2025.

By Webcast: A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis at

https://edge.media-server.com/mmc/p/4vkehc2n

. The online archive of the webcast will be available on the Company’s website shortly after the call at

www.portmanridge.com

in the Investor Relations section under Events and Presentations.

About Portman Ridge Finance Corporation

Portman Ridge Finance Corporation (Nasdaq: PTMN) is a publicly traded, externally managed investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Portman Ridge’s middle market investment business originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected equity securities in middle market companies. Portman Ridge’s investment activities are managed by its investment adviser, Sierra Crest Investment Management LLC, an affiliate of BC Partners Advisors, LP.

Portman Ridge’s filings with the Securities and Exchange Commission (the “SEC”), earnings releases, press releases and other financial, operational and governance information are available on the Company's website at www.portmanridge.com.

Contacts:




Portman Ridge Finance Corporation

650 Madison Avenue, 3rd floor


New York, NY 10022


info@portmanridge.com

Brandon Satoren


Chief Financial Officer



Brandon.Satoren@bcpartners.com



(212) 891-2880

The Equity Group Inc.


Lena Cati




lcati@equityny.com




(212) 836-9611

The Equity Group Inc.


Val Ferraro




vferraro@equityny.com




(212) 836-9633

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.