Hercules Capital (HTGC) Tops Q1 EPS by 2c
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Hercules Capital Reports First Quarter 2023 Financial Results
May 4, 2023 4:10 PM EDTRecord Q1 2023 Total Gross Fundings of $476.2 Million
Record Q1 2023 Total Investment Income of $105.1 Million, an Increase of 61.3% Year-over-Year
Record Q1 2023 Net Investment Income NII of $65.5 Million, or $0.48 per Share, an Increase of 83.0% Year-over-Year
Q1 2023 NII Provides 123% Coverage of the Base Cash Distribution
Inclusive of the Adviser Funds Managed by Hercules Adviser LLC, its Wholly-owned Subsidiary, Hercules had Approximately $1.0 Billion of Available Liquidity as of Quarter End
Undistributed Earnings Spillover of $133.6 Million, or $0.96(1) per Ending Shares... More
