earnings
confidence high
sentiment neutral
materiality 0.65
WhiteHorse Finance Q3 NII $0.394; quarterly distribution $0.385, special $0.245 declared; NAV falls to $12.77
WhiteHorse Finance, Inc.
2024-Q3 EPS reported
$0.30
- Q3 net investment income $9.15M ($0.394/sh); total investment income $22.85M, down 2.7% vs Q2.
- Net asset value per share $12.77, down 5.1% from $13.45 in Q2; net unrealized depreciation $16.1M.
- Quarterly distribution of $0.385/sh declared, payable Jan 3, 2025; plus special $0.245/sh payable Dec 10.
- New investments in 7 companies totaling $49M; portfolio fair value $654.3M across 73 companies.
- CEO cites company-specific portfolio challenges but notes core NII continues to exceed regular dividend.