Horizon Technology Finance Announces Fourth Quarter and Full Year 2019 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Horizon Technology Finance (HRZN) Tops Q4 EPS by 12c
March 3, 2020 4:18 PM ESTHorizon 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