Trinity Capital Q3 NII $0.56/share (+67.6% YoY); NAV falls to $13.74; dividend raised to $0.60

Trinity Capital Inc.

2022-Q3 EPS reported -$0.94

Total investment income $38.7M up 77.5% YoY; NII $18.6M ($0.56/share) up 67.6%.
NAV per share decreased to $13.74 from $14.62 on June 30 due to $30M unrealized depreciation and fair value adjustments on two portfolio companies.
Declared Q3 dividend of $0.60/share ($0.45 regular + $0.15 supplemental); regular dividend increased 7.1% from Q2.
Net decrease in net assets from operations of $12.0M ($0.36 loss per share) despite strong NII.
Portfolio fair value $1.04B across 112 companies; leverage 118% vs 130% at Q2; $246.6M liquidity.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Trinity Capital Inc. reported third quarter ended September 30, 2022 results: revenue $38.7 million, net income $18.6 million, EPS $0.56.

Period: third quarter ended September 30, 2022
Revenue: $38.7 million
Net income: $18.6 million
EPS: $0.56
Result: reported results

Exact text from the filing

solutions to growth stage companies, today announced its financial results for the quarter ended September 30, 2022. Third Quarter 2022 Highlights • Total investment income of $38.7 million, an increase of 77.5% year-over-year • Net investment income (“NII”) of $18.6 million, or $0.56 per share, an increase of 67.6% year-over-year • Aggregate debt and equity

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Source: SEC EDGAR

accession 0000950170-22-021866

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