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Saratoga Investment posts 2Q profit

NEW YORK (AP) _ Saratoga Investment Corp. (SAR) on Wednesday reported fiscal second-quarter net income of $6.9 million.

On a per-share basis, the New York-based company said it had net income of $1.15. Earnings, adjusted for investment gains, were 62 cents per share.

The business development company posted revenue of $10.3 million in the period.

Saratoga Investment shares have climbed roughly 3 percent since the beginning of the year.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAR at https://www.zacks.com/ap/SAR