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Sep 30, 2023
Trinity Capital Q3 2023 Earnings Report
Trinity Capital reported strong third quarter results with increased investment income and net asset value.
Key Takeaways
Trinity Capital Inc. reported a successful third quarter with a 20.0% year-over-year increase in total investment income, a 25.6% year-over-year increase in net investment income, and an increase in net asset value to $13.17 per share.
Total investment income increased by 20.0% year-over-year to $46.4 million.
Net investment income (NII) increased by 25.6% year-over-year to $23.4 million, or $0.58 per basic share.
Net increase in net assets resulting from operations was $16.8 million, or $0.42 per basic share.
Net Asset Value increased to $13.17 per share.
Forward Guidance
No specific forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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