Hercules Technology Growth (HTGC) Tops Q1 EPS by 4c

Hercules Technology Growth (NYSE: HTGC) reported Q1 EPS of $0.34, $0.04 better than the analyst estimate of $0.30.

• Achieved Strong Total New Debt and Equity Commitments and Total Gross Fundings, up 39.3% and 54.1% Year-over-Year, Respectively
• Maintains Low Regulatory Leverage of 72.0% and Net Regulatory Leverage of 57.8 % (1)
• Completes Acquisition of Asset-Based Lender – Gibraltar Business Capital
• Highly Asset Sensitive Debt Investment Portfolio Stands to Benefit from Any Further Rate Increases by the Federal Reserve Benchmark Interest Rate
• $16.1 Million, or $0.19 per Share, of Projected 2017 Earnings Spillover(2)

For earnings history and earnings-related data on Hercules Technology Growth (HTGC) click here.

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