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Hercules Capital (HTGC) Q2 Earnings Meet Estimates, Costs Up
HTGCHercules Capital(HTGC) ZACKS·2024-08-02 21:01

Hercules Capital Inc.'s (HTGC) second-quarter 2024 net investment income of 51 cents per share matched the Zacks Consensus Estimate. The bottom line, however, declined 3.8% from the year-ago quarter. Results were primarily aided by an increase in the total investment income. Also, the balance sheet position remained strong and new commitments were robust. However, a rise in operating expenses was a headwind. Net investment income was $82.4 million, up 8.8% year over year. Total Investment Income Improves, E ...