Trinity Capital (TRIN)
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Trinity Capital (TRIN) Matches Q3 Earnings Estimates
ZACKS· 2024-10-30 14:16
Trinity Capital (TRIN) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this business development company would post earnings of $0.53 per share when it actually produced earnings of $0.51, delivering a surprise of -3.77%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Trini ...
Trinity Capital Inc. Closes $142.5 Million Notes Offering
Prnewswire· 2024-10-30 12:05
PHOENIX, Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced it has closed a private notes offering totaling $142.5 million in aggregate principal amount of unsecured Series A Notes (as defined below). "We are pleased by this transaction being oversubscribed from the launch amount of $100 million," said Kyle Brown, Chief Executive Officer of Trinity Capital. "This a ...
Trinity Capital (TRIN) - 2024 Q3 - Quarterly Results
2024-10-30 12:00
Exhibit 99.1 Trinity Capital Inc. Reports Third Quarter 2024 Financial Results Return on average equity of 16.2% NII climbs to a record of $29.4 million, or $0.54 per share Total investment income grows 33% year-over-year PHOENIX, October 30, 2024 – Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlig ...
Trinity Capital: Is This 15% Yield Safe?
Seeking Alpha· 2024-10-22 02:35
Business development companies are popular with dividend investors for obvious reasons: they pay high dividends, and in many cases yields are in double-digit territory. Trinity Capital (NASDAQ: TRIN ) stands out of the BDC universe by offering dividend investorsAnalyst’s Disclosure: I/we have a beneficial long position in the shares of HTGC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (oth ...
Trinity Capital Inc. Provides $40 Million in Growth Capital to Beam Benefits
Prnewswire· 2024-10-10 12:30
PHOENIX, Oct. 10, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $40 million in growth capital to Beam Benefits ("Beam"), a digitally native employee benefits company. Founded in 2012, Beam began by modernizing dental benefits. Since then, Beam has evolved into a one-stop shop for ancillary benefits, offering dental, vision, life, disability, and supplemental health co ...
Trinity Capital Inc. Announces Time Change for its Third Quarter 2024 Conference Call
Prnewswire· 2024-10-07 20:05
PHOENIX, Oct. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that the Company will now be hosting its third quarter 2024 conference call at 8:00 a.m. PT (11:00 a.m. ET) on Wednesday, October 30, 2024, one hour earlier than previously announced. Trinity will still release its third quarter 2024 financial results before market open on Wednesday, October 30, 2024. To liste ...
Trinity Capital Inc. Provides Details for Third Quarter 2024 Financial Results and Conference Call
Prnewswire· 2024-10-02 20:05
PHOENIX, Oct. 2, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that it will release its third quarter 2024 financial results before market open on Wednesday, October 30, 2024. The Company will discuss its financial results on a conference call later that day at 9:00 a.m. PT (12:00 p.m. ET). To listen to the call, please dial (800) 267-6316 or (203) 518-9783 internationall ...
Trinity Capital Inc. Increases its Credit Facility to $510 Million
Prnewswire· 2024-09-19 23:25
PHOENIX, Sept. 19, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced an increase to $510 million of total commitments under its credit facility led by KeyBank N.A. The credit facility was expanded under the existing accordion feature by $70 million, bringing total commitments from $440 million to $510 million. The $70 million increase was provided by two new lenders, bringing ...
Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Third Quarter of 2024
Prnewswire· 2024-09-18 19:42
19th Consecutive Quarter of a Consistent or Increased Dividend PHOENIX, Sept. 18, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending September 30, 2024. This marks an equivalent dividend compared to the second quarter of 2024 and signals the 19th consecutive quart ...
Trinity Capital Inc. Provides $30 Million in Growth Capital to Slingshot Aerospace
Prnewswire· 2024-09-12 12:30
PHOENIX, Sept. 12, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $30 million in growth capital to Slingshot Aerospace ("Slingshot"), a leader in AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation. Based in El Segundo, CA, Slingshot builds mission-critical solutions for training, planning, and operations by creati ...