SWK Holdings (SWKH) Tops Q1 EPS by 2c

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Go back to SWK Holdings (SWKH) Tops Q1 EPS by 2c

SWK Holdings Corporation Announces Financial Results for First Quarter 2022

May 11, 2022 7:00 AM EDT

Conference Call and Live Audio Webcast Scheduled for Wednesday, May 11, 2022, at 10:00 a.m. ET

Corporate Highlights

During first quarter of 2022, completed two structured debt transactions deploying $18.5 million with an additional $4.2 million funded to existing borrowersReceived a $10.7 million cash payment from B&D Dental to successfully resolve long-running non-accrual position. Loan carried at $8.3 million with gain recognized during the quarterFirst quarter 2022 GAAP net income grew 2.9% to $3.5 million compared to the first quarter 2021SWK well positioned for current capital markets environment with cash and unfunded credit facility availability... More