Trinity Capital Inc. (TRIN) Tops Q3 EPS by 7c

Trinity Capital Inc. (NASDAQ: TRIN) reported Q3 EPS of $0.42, $0.07 better than the analyst estimate of $0.35.

• Total investment income of $21.8 million, an increase of 61.1% year-over-year
• Net investment income ("NII") of $11.1 million, or $0.42 per share, an increase of 98.0% year-over-year
• Aggregate debt and equity investment commitments of $258.2 million
• Total gross investments funded of $151.2 million, comprised of $77.0 million across nine new portfolio companies and $74.2 million across 16 existing portfolio companies
• Debt principal repayments of $92.4 million
• Investment portfolio of $677.2 million at fair value, an increase of 13.3% from Q2 2021
• Net asset value (\"NAV\") per share increased to $14.70 from $14.33 on June 30, 2021
• Declared a dividend distribution of $0.33 per share for the third quarter, an increase of 13.8% from Q2 2021

For earnings history and earnings-related data on Trinity Capital Inc. (TRIN) click here.

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