TriplePoint Venture Growth BDC (TPVG) Tops Q1 EPS by 3c

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TriplePoint Venture Growth BDC Corp. Announces $0.50 Per Share Net Investment Income and Record Level of Investment Income in the First Quarter of 2017

May 9, 2017 4:15 PM EDT

Declares Second Quarter 2017 Distribution of $0.36 Per Share

MENLO PARK, Calif.--(BUSINESS WIRE)-- TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the Company or "TPVG"), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in the technology, life sciences and other high growth industries, today announced its financial results for the first quarter of 2017. TPVG also declared a second quarter 2017 distribution of $0.36 per share.

First Quarter 2017 Highlights:

Record total investment income of $14.3 million, or $0.89 per share,... More