earnings
confidence high
sentiment negative
materiality 0.70
Runway Growth Q2 NII falls to $0.37/share from $0.49; NAV drops to $13.14
Runway Growth Finance Corp.
2024-Q2 EPS reported
$0.51
- Total investment income $34.2M, down 18% from $41.9M YoY.
- Net investment income $14.6M ($0.37/shr) vs $19.7M ($0.49/shr) YoY.
- NAV per share $13.14, down from $14.17 a year ago; net assets $506.4M.
- Two new investments funded $75.4M; Cloudpay prepaid $75M loan post-Q2.
- Q3 dividends: $0.40 regular + $0.05 supplemental; new $15M buyback program.