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Horizon Technology Finance NASDAQ: HRZN reported third-quarter net investment income of $0.19 per share, enough to cover its regular distributions, as a growing investment backlog contrasted with write-downs that reduced net asset value.
Horizon Technology Finance (HRZN) Q3 2026 Earnings Call Transcript
Horizon Technology Finance (HRZN) came out with quarterly earnings of $0.18 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.31 per share a year ago.
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, announced today that its board of directors has declared monthly cash distributions of $0.06 per share, payable in each of January, February and March 2027. The following table shows these distributions, payable as set forth in the table below, total $0.18 per share. Since its 2010 initial public offering, Horizon has paid a total of $401 million.
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”, “HRZN” or the “Company”), an affiliate of Monroe Capital, today announced its financial results for the third quarter ended September 30, 2026. Third Quarter 2026 and Recent Highlights Net investment income (“NII”) of $12.3 million, or $0.19 per basic share, compared to $14.0 million, or $0.32 per basic share for the prior-year period Total investment portfolio of $650.3 million as of September.
Horizon Technology Finance remains a hold as portfolio growth and backlog offer a path forward, but improvements will take time to materialize. HRZN trades at a 37% discount to NAV, reflecting deep portfolio challenges despite an 18.4% dividend yield and ongoing special distributions. Recent portfolio setbacks, including a $37M net asset decline from Soli write-downs, highlight execution risk and thin dividend coverage reliant on spillover income.
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