Saratoga Investment Corp. (SAR) Reports Financial Results
Saratoga Investment Corp. reported an increase in net assets from operations of $6.7 million, or $3.27 per share, in the quarter ending August 31, 2010. The increase was due to both investment income and unrealized gains in its investment portfolio. Saratoga Investment Corp. reported net investment income of $2.5 million, or $1.21 per share, in the recently ended quarter. The company also reported a net gain on investments of $4.2 million, or $2.06 per share, for the quarter due to unrealized appreciation in parts of its investment portfolio. Saratoga Investment Corp. ended the quarter with a net asset value of…