earnings
confidence high
sentiment negative
materiality 0.70
TPVG Q2 2024 NII $0.33/shr vs $0.53 last year; NAV $8.83; dividend $0.30
TriplePoint Venture Growth BDC Corp.
2024-Q2 EPS reported
$0.74
- Net investment income $12.6M ($0.33/shr) vs $18.8M ($0.53) a year ago; total investment income $27.1M.
- Net asset value $353.0M ($8.83/shr) vs $346.3M ($9.21) at Dec 31, 2023.
- Signed $188.4M term sheets (+44% QoQ); closed $52.0M new debt commitments (+420% QoQ); funded $38.7M at 15.5% yield.
- Declared Q3 distribution $0.30/shr; renewed revolving credit facility to $300M, maturity May 2027.
- Net realized losses $18.8M; appointed Matthew Galiani interim CFO effective Aug 9, 2024.