WhiteHorse Finance

WhiteHorse Finance, Inc is a managed, non-diversified, closed-end management investment company which operates as a direct lender targeting debt investments in privately held, lower middle market companies located in the United States. Its investment objective is to generate returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate. It focuses principally on originating senior secured loans to lower middle market companies. The company was founded on December 28, 2011 and is headquartered in Miami, FL.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

WhiteHorse Finance reports solid Q1 performance amidst market challenges

WhiteHorse Finance's Q1 performance was solid, with net investment income covering dividends.
The company faces challenges from market conditions and decreasing average investment size.
Opportunities lie in optimizing the portfolio mix and capitalizing on aggressive lenders.
Maintaining a focus on stable credits can drive future stability and growth.

WhiteHorse Finance reports Q3 challenges, focuses on non-sponsor market

WHF faced challenges in Q3 2024 with a decline in the investment portfolio, but maintained a robust debt portfolio and declared shareholder distributions.
The company is navigating market aggressiveness by focusing on non-sponsor deals and optimizing outcomes of workout accounts.
Opportunities lie in leveraging strengths to capitalize on market conditions and adapt distribution strategies based on core earnings power.

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NEW YORK , July 14, 2023 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its second quarter financial results for the period ended June 30, 2023 on Tuesday, August 8, 2023. The Company will discuss its financial results on a conference call that day at 9:00 a.m.

WhiteHorse Finance, Inc. To Report Second Quarter 2023 Financial Results

WhiteHorse's dividend yield has moved to 11.5% on the back of a 4% raise for the last declared payout. The business development company recorded a fiscal 2023 first-quarter total investment income increase of 30.6% year-on-year, beating consensus estimates. NAV per share dipped during the BDC's first quarter but the commons are currently swapping hands at a 9% discount to NAV.

WhiteHorse Finance: Stability Gives Way To Growth With Fatter 11.5% Yield

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We take a look at the action in business development companies through the second week of June and highlight some of the key themes we are watching. BDCs had a strong week with a nearly 3% return. We sum up the key metrics from Q1 results.

BDC Weekly Review: Q1 Sector Results Review

WhiteHorse Finance, Inc. (NASDAQ:WHF ) Q1 2023 Earnings Conference Call May 9, 2023 1:00 PM ET Company Participants Robert Brinberg - Rose & Co. Stuart Aronson - CEO & Director Joyson Thomas - CFO & Principal Accounting Officer Conference Call Participants Mickey Schleien - Ladenburg Thalmann & Co. Robert Dodd - Raymond James & Associates Erik Zwick - Hovde Group Bryce Rowe - B. Riley Securities Melissa Wedel - JPMorgan Chase & Co. Operator Good afternoon.

WhiteHorse Finance, Inc. (WHF) Q1 2023 Earnings Call Transcript

WhiteHorse Finance (WHF) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.35 per share a year ago.

WhiteHorse Finance (WHF) Q1 Earnings and Revenues Surpass Estimates

NEW YORK , May 9, 2023 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended March 31, 2023. In addition, the Company's board of directors has declared a distribution of $0.37 per share with respect to the quarter ending March 31, 2023.

WhiteHorse Finance, Inc. Announces First Quarter 2023 Earnings Results and Increases Quarterly Distribution to $0.37 Per Share and Introduces Quarterly Variable Supplemental Dividend Policy

NEW YORK , May 4, 2023 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it has adjusted the time for its first quarter 2023 earnings conference call to 1:00 PM ET on Tuesday, May 9, 2023.  This time is three hours earlier than previously announced.

WhiteHorse Finance, Inc. Announces Time Change for Q1 2023 Earnings Conference Call

NEW YORK , April 11, 2023 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its first quarter financial results for the period ended March 31, 2023 on Tuesday, May 9, 2023. The Company will discuss its financial results on a conference call that day at 4:00 p.m.

WhiteHorse Finance, Inc. To Report First Quarter 2023 Financial Results

NEW YORK , March 20, 2023 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today provided an update on the impact of recent events concerning Silicon Valley Bank ("SVB") and Signature Bank ("SBNY") on the Company, its portfolio and its Adviser.  Based on a preliminary assessment conducted on March 15, 2023, the Company and its investment adviser H.I.G.

WhiteHorse Finance, Inc. Provides Update on Impact of Recent Events on its Portfolio

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We take a look at the action in business development companies through the fourth week of February and highlight some of the key themes we are watching. BDCs were flat on the week - a good result as all other income sectors were down on the back of upside inflation surprises.

BDC Weekly Review: The Holy Grail Of A Best-Of-Breed BDC

WhiteHorse Finance, Inc. (NASDAQ:WHF ) Q4 2022 Results Conference Call March 2, 2023 1:00 PM ET Company Participants Stuart Aronson - CEO Joyson Thomas - CFO Jacob Moeller - Rose & Company Conference Call Participants Mickey Schleien - Ladenburg Thalmann Bryce Rowe - B. Riley Erik Zwick - Hovde Group Robert Dodd - Raymond James Operator Good afternoon, everyone.

WhiteHorse Finance, Inc. (WHF) Q4 2022 Earnings Call Transcript

WhiteHorse (WHF) delivered earnings and revenue surprises of 9.09% and 4.94%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

WhiteHorse Finance (WHF) Surpasses Q4 Earnings and Revenue Estimates

NEW YORK , March 2, 2023 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the year ended December 31, 2022. In addition, the Company's board of directors has declared a distribution of $0.355 per share and a special distribution of $0.07 per share with respect to the quarter ending March 31, 2023.

WhiteHorse Finance, Inc. Announces Fourth Quarter and Full Year 2022 Earnings Results and Declares Quarterly Distribution of $0.355 Per Share and Special Distribution of $0.07 Per Share

WhiteHorse (WHF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WhiteHorse Finance (WHF) Earnings Expected to Grow: Should You Buy?

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We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching. BDCs had a rare off week, as most income sectors finished in the red.

BDC Weekly Review: BDCs Are Building Up Loan Loss Reserves

NEW YORK , Feb. 13, 2023 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its fourth quarter and full year financial results for the year ended December 31, 2022 on Thursday, March 2, 2023. The Company will discuss its financial results on a conference call that day at 1:00 p.m.

WhiteHorse Finance, Inc. To Report Fourth Quarter 2022 and Full Year Financial Results

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We take a look at the action in business development companies through the first week of February and highlight some of the key themes we are watching. BDCs notched another good week with a 1% total return.

BDC Weekly Review: The Two Steps Of BDC Analysis

NEW YORK , Feb. 6, 2023 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that the Company, together with State Teachers Retirement System of Ohio, a public pension fund established under Ohio law ("STRS Ohio"), have increased their capital commitments to their joint venture, WHF STRS Ohio Senior Loan Fund LLC (the "WHF STRS JV"), by $25 million.  The increased commitment will be funded by an incremental $15 million investment from WhiteHorse Finance and an incremental $10 million investment from STRS Ohio bringing total capital commitments to the WHF STRS JV to $175 million.

WhiteHorse Finance, Inc. Increases Commitment to Joint Venture

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WhiteHorse (WHF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can WhiteHorse (WHF) Run Higher on Rising Earnings Estimates?

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News for WhiteHorse Finance ETF (WHF)