Hercules Capital, Inc. (NYSE:HTGC) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Michael Hara - Managing Director, Investor Relations Scott Bluestein - Chief Executive Officer & Chief Investment Officer Seth Meyer - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Casey Alexander - Compass Point Research Christopher Nolan - Ladenburg Thalmann Douglas Harter - UBS Finian O'Shea - Wells Fargo Securities Paul Johnson - KBW Operator Good day, ev ...

Hercules Capital (HTGC) reported $125.01 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 7.6%. EPS of $0.51 for the same period compares to $0.53 a year ago. The reported revenue represents a surprise of +0.02% over the Zacks Consensus Estimate of $124.99 million. With the consensus EPS estimate being $0.51, the company has not delivered EPS surprise. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

Hercules Capital (HTGC) came out with quarterly earnings of $0.51 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this specialty finance company would post earnings of $0.48 per share when it actually produced earnings of $0.50, delivering a surprise of 4.17%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Hercules ...

Financing the Growth of Tomorrow's Companies Today Q2 2024 INVESTOR PRESENTATION August 1, 2024 Important Notice: Forward Looking Statements This presentation may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act of 1933, as amended, and Section 21E(b)(2)(B) of the Securities Exchange Act of 1934, as amended, or the Exchange Act, the "safe harbor" provisions of the Priva ...

Exhibit 99.1 Hercules Capital Reports Second Quarter 2024 Financial Results Q2 2024 Total Gross Debt and Equity Commitments of $686.5 Million Record Q2 2024 Total Gross Fundings of $461.5 Million, an Increase of 28.7% Year-over-Year Record Q2 2024 Total Investment Income of $125.0 Million, an Increase of 7.5% Year-over-Year Q2 2024 Net Investment Income "NII" of $82.4 Million, or $0.51 per Share, an Increase of 8.8% Year-over-Year Q2 2024 NII Provides 128% Coverage of the Base Cash Distribution Conservative ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares, par value $0.001 per share HTGC New York Stock Exchange 6.25% Notes due 2033 HCXY New York Stock Exchange FORM 10-Q _________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended ...

In the last reported quarter, the company's earnings surpassed the Zacks Consensus Estimate. Results were primarily aided by an increase in total investment income. Also, the balance sheet position was strong and new commitments were robust. However, a rise in operating expenses was a headwind. Q2 Earnings & Sales Estimates The consensus estimate for sales of $125 million suggests a 7.5% year-over-year increase. Given the current high-interest rate environment, HTGC is expected to have benefited from an inc ...

Analysts on Wall Street project that Hercules Capital (HTGC) will announce quarterly earnings of $0.51 per share in its forthcoming report, representing a decline of 3.8% year over year. Revenues are projected to reach $124.99 million, increasing 7.5% from the same quarter last year. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empir ...

Alones Creative Management Expense Alignment With Shareholders In an externally managed BDC, these fees can add up to about 1/4 of the gross investment income provided by the asset portfolio. HTGC avoids this overhead cost and passes the savings on to the shareholder. This is one reason why HTGC currently trades at a large premium to NAV. We compute the debt-to-equity ratio for FY end 2014-2023 for HTGC. All figures used are in millions of USD and were extracted from past 10-K filings. The debt-toequity rat ...

This additional funding comes at an instrumental time for Pindrop as the company continues to innovate groundbreaking voice security and authentication solutions ATLANTA, July 17, 2024 /PRNewswire/ -- Pindrop, a global leader in voice authentication and security, today announced it has secured $100 million in debt financing from Hercules Capital, Inc. (NYSE: HTGC). This significant funding will enable Pindrop to further develop its cutting-edge audio, voice, and AI technologies, enhancing its offerings for ...