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.

Earnings data Q1 2021

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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 fund, invests in companies located in the United States. The fund targets companies operating in the fields of technology, life science and sustainability sectors. It provides financing for later stage capital requirements.

FARMINGTON, Conn. , May 30, 2023 /PRNewswire/ -- Horizon Technology Finance Corporation (Nasdaq: HRZN) (the "Company" or "Horizon") today announced that it has priced an underwritten public offering of 3,250,000 shares of its common stock at a price to the public of $12.50 per share for total gross proceeds of approximately $40,625000, before deducting underwriting commission and discounts and estimated offering expenses.

Horizon Technology Finance Corporation Prices Public Offering of Common Stock

FARMINGTON, Conn. , May 30, 2023 /PRNewswire/ -- Horizon Technology Finance Corporation (Nasdaq: HRZN) (the "Company" or "Horizon") announced today a proposed underwritten primary offering of 3,250,000 shares of its common stock.

Horizon Technology Finance Corporation Announces Offering of Common Stock

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FARMINGTON, Conn. , May 25, 2023 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), 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 it has provided a $30 million venture loan facility to SafelyYou, Inc. ("SafelyYou"), of which $10 million has been initially funded.

Horizon Technology Finance Provides $30 Million Venture Loan Facility to SafelyYou

FARMINGTON, Conn. , May 24, 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 Horizon Secured Loan Fund I LLC, Horizon's wholly-owned subsidiary ("HSLF"), has amended its senior secured debt facility with a large U.S. based insurance company.

Horizon Technology Finance Strengthens Capital Resources and Increases Capacity of Credit Facility to $250 Million

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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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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.

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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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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.

News for Horizon Technology Finance ETF (HRZN)