Hercules Capital (HTGC) Misses Q1 EPS by 2c

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Hercules Capital Reports First Quarter 2025 Financial Results

May 1, 2025 4:04 PM EDT

Q1 2025 Total Gross Debt and Equity Commitments of $1.02 Billion

Q1 2025 Total Gross Fundings of $539.1 Million

Q1 2025 Total Investment Income of $119.5 Million

Q1 2025 Net Investment Income NII of $77.5 Million, or $0.45 per Share

Q1 2025 NII of $0.45 per Share, provides 113% Coverage of the Base Cash Distribution

Received an Investment Grade Rating Upgrade to BBB (high) from Morningstar DBRS

Closed Offering of $287.5 Million of 4.750% Convertible Unsecured Notes due 2028

Conservative Balance Sheet... More