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Hercules Capital Q3 Earnings Meet Estimates, Expenses Increase Y/Y
HTGCHercules Capital(HTGC) ZACKS·2024-11-01 22:11

Hercules Capital Inc.’s (HTGC) third-quarter 2024 net investment income of 51 cents per share matched the Zacks Consensus Estimate. The bottom line, however, declined 1.9% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results were primarily aided by an increase in the total investment income. Also, the balance sheet position remained decent, and new commitments were robust. However, a rise in operating expenses was a headwind.Net investment income was $83 ...