AI Earnings Predictions for PennantPark Investment Corporation (PNNT)

EX-99.1

2 exh_991.htm

PRESS RELEASE

EdgarFiling

EXHIBIT 99.1

PennantPark Investment Corporation Announces Financial Results for the Third Quarter Ended June 30, 2026

MIAMI, Aug. 10, 2026 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) (the "Company") announced today financial results for the third quarter ended June 30, 2026.

HIGHLIGHTS

Quarter ended June 30, 2026 (unaudited) ($ in millions, except per share amounts)

Assets and Liabilities:

Investment portfolio (1) $1,193.2

Net assets $428.0

Net asset value per share $6.56

Quarterly change in net asset value per share  (2.5)%

Credit Facility $309.8

2026-2 Notes, net of unamortized deferred financing costs $164.6

2029 Notes, net of unamortized deferred financing costs $73.6

Regulatory debt to equity  1.29x

Weighted average yield on debt investments  11.0%

Operating Results:

Net investment income $8.9

Net investment income per share $0.14

Core net investment income per share (2) $0.14

Distributions declared per share – base $0.12

Distributions declared per share – supplemental $0.12

Portfolio Activity:

Purchases of investments (3) $77.0

Sales and repayments of investments (3) $145.5

PSLF Portfolio data:

PSLF investment portfolio $1,278.4

Purchases of investments $65.3

Sales and repayments of investments $99.2

1. Includes investments in PennantPark Senior Loan Fund, LLC ("PSLF"), an unconsolidated joint venture, totaling $191.9 million, at fair value. 2. Core net investment income ("Core NII") is a non-GAAP financial measure. The Company believes that Core NII provides useful information to investors and management because it reflects the Company's financial performance excluding one-time or non-recurring investment income and expenses. The presentation of this additional information is not meant to be considered in isolation or as a substitute for financial results prepared in accordance with GAAP. For the quarter ended June 30, 2026, there were no one-time events resulting in $0.14 of Core NII. 3. Excludes U.S. Government Securities.

CONFERENCE CALL AT 12:00 P.M. EST ON AUGUST 11, 2026

PennantPark Investment Corporation (“we,” “our,” “us” or the “Company”) will also host a conference call at 12:00 p.m. (Eastern Time) on Tuesday, August 11, 2026 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (800) 330-6710 approximately 5-10 minutes prior to the call. International callers should dial (646) 769-9200. All callers should reference conference ID #3996420 or PennantPark Investment Corporation. An archived replay will also be available on a webcast link located on the Quarterly Earnings page in the Investor section of PennantPark’s website.

PORTFOLIO AND INVESTMENT ACTIVITY

"The credit quality of our investment portfolio remains healthy, reinforcing our confidence in its continued resilience and reflecting our disciplined investment approach on the core middle market. We remain focused on selectively rotating out of our equity positions and redeploying the proceeds into income generating debt investments," said Art Penn, Chairman and CEO. "Our exposure to the Government Services and Defense sector continues to outperform. During the quarter we generated a meaningful realization from an equity co-investment in a leading defense technology company. We will continue to focus on Government Services and Defense, one of our key verticals, and look to increase our exposure over time."

As of June 30, 2026, our portfolio totaled $1,193.2 million and consisted of $424.5 million or 35% of first lien secured debt, $269.3 million or 23% of U.S. Government Securities, $14.8 million or 1% of second lien secured debt, $209.2 million or 18% of subordinated debt (including $140.3 million or 12% in PSLF) and $275.4 million or 23% of preferred and common equity (including $51.6 million or 4% in PSLF). Our interest bearing debt portfolio consisted of 87% variable-rate investments and 13% fixed-rate investments. As of June 30, 2026, we had four portfolio companies on non-accrual, representing 2.5% and 0.8% percent of our overall portfolio on a cost and fair value basis, respectively. Overall, the portfolio had net unrealized appreciation (depreciation) of $(35.0) million as of June 30, 2026. Our overall portfolio consisted of 159 companies with an average investment size of $5.8 million (excluding U.S. Government Securities), had a weighted average yield on interest bearing debt investments of 11.0%.

As of September 30, 2025, our portfolio totaled $1,287.3 million and consisted of $582.4 million or 45% of first lien secured debt, $124.8 million or 10% of U.S. Government Securities, $18.2 million or 1% of second lien secured debt, $201.2 million or 16% of subordinated debt (including $140.3 million or 11% in PSLF) and $360.7 million or 28% of preferred and common equity (including $67.5 million or 5% in PSLF). Our interest bearing debt por

EX-99.1

2 exh_991.htm

PRESS RELEASE

EdgarFiling

EXHIBIT 99.1

PennantPark Investment Corporation Announces Financial Results for the Second Quarter Ended March 31, 2026

MIAMI, May 07, 2026 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) (the "Company") announced today financial results for the second quarter ended March 31, 2026.

HIGHLIGHTS

Quarter ended March 31, 2026 (unaudited) ($ in millions, except per share amounts)

Assets and Liabilities:

Investment portfolio (1)$1,203.5

Net assets$439.2

Net asset value per share$6.73

Quarterly change in net asset value per share (3.9)%

Credit Facility$199.5

2026 Notes, net of unamortized deferred financing costs$149.9

2026-2 Notes, net of unamortized deferred financing costs$164.4

2029 Notes, net of unamortized deferred financing costs$73.5

Regulatory debt to equity 1.35x

Weighted average yield on debt investments 10.9%

Operating Results:

Net investment income$9.3

Net investment income per share$0.14

Core net investment income per share (2)$0.14

Distributions declared per share - base$0.20

Distributions declared per share - supplemental$0.04

Portfolio Activity:

Purchases of investments (3)$108.2

Sales and repayments of investments (3)$113.4

PSLF Portfolio data:

PSLF investment portfolio$1,314.3

Purchases of investments$10.5

Sales and repayments of investments$45.3

Includes investments in PennantPark Senior Loan Fund, LLC ("PSLF"), an unconsolidated joint venture, totaling $194.2 million, at fair value. Core net investment income ("Core NII") is a non-GAAP financial measure. The Company believes that Core NII provides useful information to investors and management because it reflects the Company's financial performance excluding one-time or non-recurring investment income and expenses. The presentation of this additional information is not meant to be considered in isolation or as a substitute for financial results prepared in accordance with GAAP. For the quarter ended March 31, 2026, there were no one-time events resulting in $0.14 of Core NII. Excludes U.S. Government Securities.

CONFERENCE CALL AT 12:00 P.M. EST ON MARCH 8, 2026

PennantPark Investment Corporation (“we,” “our,” “us” or the “Company”) will also host a conference call at 12:00 p.m. (Eastern Time) on Friday, May 08, 2026 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (800) 330-6710 approximately 5-10 minutes prior to the call. International callers should dial (646) 769-9200. All callers should reference conference ID #4471965 or PennantPark Investment Corporation. An archived replay will also be available on a webcast link located on the Quarterly Earnings page in the Investor section of PennantPark’s website.

PORTFOLIO AND INVESTMENT ACTIVITY

"The credit quality of our investment portfolio continues to perform well, and we remain confident in the continued resilience of the portfolio, supported by our disciplined focus on the core middle market. Investment in the core middle market typically feature attractive credit spreads, lower leverage, and enhanced lender protections relative to the upper middle market,” said Art Penn, Chairman and CEO. “We remain focused on the plan to rotate out of our equity positions and redeploy that capital into debt investments which will drive growth in our core net investment income.”

As of March 31, 2026, our portfolio totaled $1,203.5 million and consisted of $481.7 million or 40% of first lien secured debt, $209.4 million or 17% of U.S. Government Securities, $14.8 million or 2% of second lien secured debt, $207.1 million or 17% of subordinated debt (including $140.3 million or 12% in PSLF) and $290.5 million or 24% of preferred and common equity (including $53.9 million or 4% in PSLF). Our interest bearing debt portfolio consisted of 88% variable-rate investments and 12% fixed-rate investments. As of March 31, 2026, we had four portfolio companies on non-accrual, representing 2.7% and 1.3% percent of our overall portfolio on a cost and fair value basis, respectively. Overall, the portfolio had net unrealized appreciation (depreciation) of $(18.8) million as of March 31, 2026. Our overall portfolio consisted of 162 companies with an average investment size of $6.1 million (excluding U.S. Government Securities), had a weighted average yield on interest bearing debt investments of 10.9%.

As of September 30, 2025, our portfolio totaled $1,287.3 million and consisted of $582.4 million or 45% of first lien secured debt, $124.8 million or 10% of U.S. Government Securities, $18.2 million or 1% of second lien secured debt, $201.2 million or 16% of subordinated debt (including $140.3 million or 11% in PSLF) and $360.7 million or 28% of preferred and common equity (including $67.5 million or 5% in PSLF). Our interest bearing debt portfolio consisted of 91% variable-rate investments and 9% fixed-rate investments. As of Septembe

Form 8-KFalse000138341400013834142026-02-092026-02-09iso4217:USDxbrli:sharesiso4217:USDxbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):  February 9, 2026

PennantPark Investment Corporation (Exact name of registrant as specified in its charter)

Maryland814-0073620-8250744 (State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.) 1691 Michigan Avenue Miami Beach, Florida 33139 (Address of Principal Executive Offices) (Zip Code) (786) 297-9500 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, par value $0.001 per sharePNNTThe New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On February 9, 2026, PennanrPark Investment Corporation issued a press release announcing its financial results for the first fiscal quarter ended December 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report pursuant to Item 2.02 on Form 8-K and Regulation FD.

The information in this report on Form 8-K, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of such section. The information in this report on Form 8-K shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Act, or under the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Forward-Looking Statements

This report on Form 8-K, including Exhibit 99.1 furnished herewith, may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Exchange Act, the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports PennantPark Investment Corporation files under the Exchange Act. All statements other than statements of historical facts included in this report on Form 8-K are forward-looking statements and are not guarantees of future performance or results, and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Investment Corporation undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

PennantPark Investment Corporation may use words such as “anticipates,” “believes,” “expects,” “intends,” “seeks,” “plans,” “estimates” and similar expressions to identify forward-looking statements. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from its historical experience and present expectations.

Item 9.01. Financial Statements and Exhibits.

(a) Financial statements:

None

(b) Pro forma financial information:

None

(c) Shell company tr