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Dec 31, 2023
Hercules Capital Q4 2023 Earnings Report
Hercules Capital reported record total investment income and net investment income for Q4 2023, with total investment income up by 22.4% and net investment income up by 38.5% year-over-year.
Key Takeaways
Hercules Capital reported record financial performance for Q4 2023, with significant increases in total investment income and net investment income. The company also announced a new supplemental cash distribution for 2024.
Record total investment income of $122.6 million, an increase of 22.4% year-over-year.
Record net investment income (NII) of $86.0 million, or $0.56 per share, an increase of 38.5% year-over-year.
Total gross debt and equity commitments of $413.9 million.
Available liquidity of $743.9 million.
Forward Guidance
Hercules Capital is competitively well positioned to continue growing its platform and delivering shareholder returns, maintaining its base cash distribution and declaring a new supplemental cash distribution program for 2024.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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