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Blue Owl Tech: Q4 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Blue Owl Technology Finance Corp. (OTF) on Wednesday reported fourth-quarter net income of $205.8 million.

On a per-share basis, the New York-based company said it had net income of 44 cents. Earnings, adjusted for investment gains, came to 30 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.

The specialty finance company posted revenue of $320.6 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $326.3 million.

For the year, the company reported profit of $720.4 million, or $1.76 per share. Revenue was reported as $1.15 billion.

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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