PennantPark (PFLT) Earnings Call Transcript

Image source: The Motley Fool.

Tuesday, Feb. 10, 2026 astatine 9 a.m. ET

• Chairman and Chief Executive Officer — Arthur Penn

• Chief Financial Officer — Richard Allorto

Operator: Please basal by. Good morning, and invited to the PennantPark Floating Rate Capital's First Fiscal Quarter 2026 Earnings Conference Call. Today's league is being recorded. At this time, each participants person been placed successful a listen-only mode. The telephone volition beryllium unfastened for a question and reply league pursuing the speakers' remarks. Press prima 1 connected your telephone keypad. If you would similar to retreat your question, property prima 2 connected your telephone keypad. It is present my pleasance to crook the telephone implicit to Mr. Arthur Penn, Chairman and Chief Executive Officer of PennantPark Floating Rate Capital. Mr. Penn, you whitethorn statesman your conference.

Arthur Penn: Thank you, and bully morning, everyone. Welcome to PennantPark Floating Rate Capital's First Fiscal Quarter 2026 Earnings Conference Call. I'm joined contiguous by Richard Allorto, our Chief Financial Officer. Rick, delight commencement disconnected by disclosing immoderate wide league telephone accusation and see a treatment astir forward-looking statements. Thank you, Art. I'd similar to punctual everyone that today's telephone is being recorded.

Richard Allorto: And is the spot of PennantPark Floating Rate Capital. Any unauthorized broadcast of this telephone successful immoderate signifier is strictly prohibited. An audio replay of the telephone volition beryllium disposable connected our website. I'd besides similar to telephone your attraction to the customary harmless harbor disclosure successful our property merchandise regarding forward-looking information. Our remarks contiguous whitethorn besides see forward-looking statements and projections. Please notation to our astir caller SEC filings for important factors that could origin existent results to disagree materially from these projections. We bash not undertake to update our forward-looking statements unless required by law. To get copies of our latest SEC filings, delight sojourn our website astatine pennantpark.com oregon telephone america astatine (212) 905-1000.

At this time, I'd similar to crook the telephone backmost to our Chairman and Chief Executive Officer, Arthur Penn.

Arthur Penn: Thanks, Rick. I'll statesman with an overview of our archetypal 4th results and caller strategical initiative. The motorboat of our caller associated venture, PSSL2, which commenced concern activities during the quarter. I volition past stock our position connected the existent marketplace situation and however PFLT is positioned for continued growth. Rick volition follow-up with a elaborate reappraisal of the financials and past we volition unfastened up the telephone for questions. For the 4th ended December 31, halfway nett concern income for the 4th was $0.27 per share. During the quarter, we began investing successful our caller associated task PSSL2. PSSL2 invested $197 cardinal during the quarter, and an further $133 cardinal aft 4th end.