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Horizon Technology Finance Announces First Quarter 2015 Financial Results

May 5, 2015 4:05 PM EDT

FARMINGTON, Conn., May 5, 2015 (GLOBE NEWSWIRE) -- Horizon Technology Finance Corporation (Nasdaq: HRZN) (the "Company" or "Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services and cleantech industries, today announced its financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Highlights

Earned net investment income of $2.9 million, or $0.30 per share Achieved an annualized portfolio yield of 15.0% for the quarter Increased net assets from operations by $3.8 million,... More