Compass Point Upgrades Horizon Technology Finance (HRZN) to Neutral

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Horizon Technology Finance (HRZN) Tops Q4 EPS by 12c

March 3, 2020 4:18 PM EST

Horizon Technology Finance (NASDAQ: HRZN) reported Q4 EPS of $0.43, $0.12 better than the analyst estimate of $0.31. Revenue for the quarter came in at $11 million versus the consensus estimate of $10.14 million.

Fourth Quarter 2019 Highlights

Net investment income grew to $6.5 million, or $0.43 per share, compared to $4.0 million, or $0.34 per share for the prior-year periodTotal investment portfolio of $319.6 million as of December 31, 2019Net asset value of $184.1 million, or $11.83 per share, as of December 31, 2019Achieved annualized portfolio yield on debt investments of 17.6% for the quarterFunded seven loans totaling $65.0 million... More