Hercules Technology Growth (HTGC) Tops Q1 EPS by 4c
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Hercules Capital Announces First Quarter 2018 Financial Results and Quarterly Distribution of $0.31 per Share
May 3, 2018 4:11 PM EDTAchieved Strong Total New Debt and Equity Commitments and Total Gross Fundings, up 39.3% and 54.1% Year-over-Year, Respectively
Maintains Low Regulatory Leverage of 72.0% and Net Regulatory Leverage of 57.8 % (1)
Completes Acquisition of Asset-Based Lender Gibraltar Business Capital
Highly Asset Sensitive Debt Investment Portfolio Stands to Benefit from Any Further Rate Increases by the Federal Reserve Benchmark Interest Rate
$16.1 Million, or $0.19 per Share, of Projected 2017 Earnings Spillover(2)
Q1 2018 Financial Achievements and Highlights
Net Investment Income NII of $26.1 million, up 15.0% year-over-year, or $0.31 per share Total... More