Horizon Technology Finance

Horizon Technology Finance Corp. operates as a specialty finance company, which engages in the provision of capital in the form of secured loans to venture capital backed companies. It is also involved in lending and investing in portfolio companies in technology, life science, healthcare information and services and cleantech industries. The company was founded by John C. Bombara, Daniel S. Devorsetz, Robert D. Pomeroy and Gerald A. Michaud on March 16, 2010 and is headquartered in Farmington, CT.

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Horizon Technology Finance excels in Q2 amidst venture challenges

Horizon Technology Finance delivered a strong performance in Q2 2024, supported by a resilient venture lending business and effective portfolio management.
While facing challenges in the venture capital environment and market uncertainties, the company remains focused on growth and stability.
Opportunities for portfolio expansion, funding, and strategic partnerships position Horizon Technology Finance for future success and value creation.

Horizon Technology Finance (HRZN) posts strong Q3 results amid growth opportunities

Horizon Technology Finance (HRZN) delivered a strong financial performance in Q3 2024, driven by robust net investment income and strategic partnerships.
While facing challenges in asset quality management and financial uncertainties, HRZN's focus on balance sheet strengthening and growth opportunities positions it well for the future.
By capitalizing on positive market trends, venture debt financing, and effective balance sheet management, HRZN aims to sustain its growth trajectory and enhance shareholder value.

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Horizon Technology Finance Corp., a traded business development company invests in companies located in the US. The fund targets companies openhearted in the fields of technology, life science and sustainability sectors. It provides financing for later stage capital requirements.

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We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs finished the week lower as risk sentiment remained fragile.

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Horizon Technology Finance (HRZN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Horizon Technology Finance (HRZN) Upgraded to Strong Buy: What Does It Mean for the Stock?

Horizon Technology Finance Corp Notes 2017-15.09.22

Horizon Technology Finance (NASDAQ:HRZN ) Q1 2023 Earnings Conference Call May 3, 2023 9:00 AM ET Company Participants Megan Bacon – Director-Investor Relations and Marketing Rob Pomeroy – Chairman and Chief Executive Officer Jerry Michaud – President Dan Trolio – Chief Financial Officer Conference Call Participants Christopher Nolan – Ladenburg Thalmann Bryce Rowe – B. Riley Ryan Lynch – KBW Operator Good morning, ladies and gentlemen, and thank you for standing by.

Horizon Technology Finance (HRZN) Q1 2023 Earnings Call Transcript

Horizon Technology Finance (HRZN) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.26 per share a year ago.

Horizon Technology Finance (HRZN) Q1 Earnings and Revenues Beat Estimates

FARMINGTON, Conn. , May 2, 2023 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon") (the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that its board of directors has declared monthly cash distributions of $0.11 per share, payable in each of July, August and September 2023.

Horizon Technology Finance Announces Monthly Distributions for July, August and September 2023 Totaling $0.33 per Share

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- First Quarter 2023 Net Investment Income per Share of $0.46; NAV per Share of $11.34 - - Debt Portfolio Yield of 16.3% - - Grew Portfolio Year over Year by 39% to $715 Million - - Horizon Platform Ends Quarter with Committed Backlog of $218 Million, Including $187 Million in HRZN Commitments - - Declares Regular Monthly Distributions Totaling $0.33 per Share - FARMINGTON, Conn. , May 2, 2023 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("HRZN", "Horizon" or the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced its financial results for the first quarter ended March 31, 2023.

Horizon Technology Finance Announces First Quarter 2023 Financial Results

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We take a look at the action in business development companies through the third week of April and highlight some of the key themes we are watching. BDCs were flat over the week. The sector has underperformed the broader income space since the start of the bank tremor in early March.

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FARMINGTON, Conn. , April 18, 2023 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon") (the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it plans to release financial results for the first quarter ended March 31, 2023 on Tuesday, May 2, 2023, after the close of market trading.

Horizon Technology Finance to Announce First Quarter 2023 Financial Results

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-  Horizon Platform Originates $47 Million of New Loans in Q1, Including $40 Million of New Loans for HRZN -  -  Horizon Platform Ends Quarter with Committed Backlog of $218 Million, Including $187 Million in HRZN Commitments -

Horizon Technology Finance Provides First Quarter 2023 Portfolio Update

HRZN is a high-yield BDC with a solid portfolio of debt and equity investments in the life science, tech, and sustainability industries. It's benefitting from higher interest rates and pays a well-covered dividend.

11.4%-Yielding Horizon Technology Finance: Monthly Pay With Upside Potential

Horizon Technology Finance and other VC-focused BDCs have suffered valuation pressure after Silicon Valley Bank's failure more than a week ago. The BDC's portfolio is well-performing and HRZN covered its dividend pay-out with net investment income in 2022.

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What Makes Horizon Technology Finance (HRZN) a New Strong Buy Stock

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HRZN, CCAP and HTGC made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 3, 2023.

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Horizon Technology Finance Corp. (NASDAQ:HRZN ) Q4 2022 Earnings Conference Call March 1, 2023 9:00 AM ET Company Participants Megan Bacon - Director of Investor Relations & Marketing Robert Pomeroy - Chairman & Chief Executive Officer Gerald Michaud - President & Director Daniel Trolio - Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants Ryan Lynch - KBW Bryce Rowe - B. Riley Vilas Abraham - UBS Operator Ladies and gentlemen greetings and welcome to the Horizon Technology Finance Corporation Fourth Quarter 2022 Earnings Conference Call.

Horizon Technology Finance Corp. (HRZN) Q4 2022 Earnings Call Transcript

Horizon Technology Finance (HRZN) delivered earnings and revenue surprises of 8.11% and 1.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Horizon Technology Finance (HRZN) Surpasses Q4 Earnings and Revenue Estimates

FARMINGTON, Conn. , Feb. 28, 2023 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon") (the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that its board of directors has declared monthly cash distributions of $0.11 per share, payable in each of April, May and June 2023.

Horizon Technology Finance Announces Monthly Distributions for April, May and June 2023 Totaling $0.33 per Share

-  Fourth Quarter 2022 Net Investment Income per Share of $0.40; NAV per Share of $11.47 - - Grew Portfolio Year over Year by 57% to Record $720 Million - - Horizon Platform Ends 2022 with Committed Backlog of $255 Million, Including $220 Million in Horizon Commitments - - Annual Debt Portfolio Yield of 14.4% - - Declares Regular Monthly Distributions Totaling $0.33 per Share - FARMINGTON, Conn. , Feb. 28, 2023 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon" or the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced its financial results for the fourth quarter and full year ended December 31, 2022.

Horizon Technology Finance Announces Fourth Quarter and Full Year 2022 Financial Results

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Horizon Technology Finance Management LLC ("HTFM"), the investment adviser to Horizon Technology Finance Corporation (the “Company”) (NasdaqGS: HRZN) to an affiliate of Monroe Capital LLC.

HORIZON TECHNOLOGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Horizon Technology Finance Corporation - HRZN

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NEW YORK , Feb. 27, 2023 /PRNewswire/ --  Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Horizon Technology Finance Management LLC (NASDAQ: HRZN), relating to its proposed sale to an affiliate of Monroe Capital LLC. Click here for more information: https://www.monteverdelaw.com/case/horizon-technology-finance-management-llc.

ALERT: The M&A Class Action Firm Announces the Investigation of Horizon Technology Finance Management LLC - HRZN

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Horizon Technology Finance Corporation's (NASDAQ: HRZN) investment adviser, Horizon Technology Finance Management LLC (“HTFM”), to an affiliate of Monroe Capital LLC is fair to Horizon shareholders.

HRZN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Horizon Technology Finance Management LLC Is Fair to Shareholders

FARMINGTON, Conn. , Feb. 23, 2023 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon" or the "Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced that an affiliate of Monroe Capital LLC ("Monroe Capital"), a premier boutique middle market asset manager, has entered into a definitive agreement to acquire Horizon Technology Finance Management LLC ("HTFM"), the investment adviser to the Company (the "Transaction"), and that the Company's Board of Directors has unanimously approved a new investment advisory agreement with HTFM, subject to stockholder approval and the closing of the Transaction.

News for Horizon Technology Finance ETF (HRZN)