STOCK TITAN
  1. Home
  2. News
  3. SWKH

Swk Holdings Corp - SWKH STOCK NEWS

Welcome to our dedicated news page for Swk Holdings (Ticker: SWKH), a resource for investors and traders seeking the latest updates and insights on Swk Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Swk Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Swk Holdings's position in the market.

News
SWK Holdings Corporation Announces Financial Results for Fourth Quarter 2023
Rhea-AI Summary
SWK Holdings (NASDAQ:SWKH) reported strong financial results for the fourth quarter of 2023, with a net income of $2.8 million and a full-year net income of $15.9 million. The company closed a $33.0 million public offering of senior notes and repurchased shares of common stock. SWK signed an Exclusive Option and Asset Purchase Agreement with a strategic partner, enhancing its financial position for 2024. The Finance Receivables segment saw growth, with a 16.1% increase in gross finance receivables compared to the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
earnings
-
News
SWK Holdings Corporation Announces Financial Results for Third Quarter 2023
Rhea-AI Summary
SWK Holdings Corporation (Nasdaq: SWKH) announced financial and operating results for the third quarter of 2023, with GAAP net income of $4.5 million, a 32.4% decrease from the previous year. The company reported total revenue of $9.0 million, a 34.2% decrease compared to the third quarter of 2022. The finance receivables segment adjusted non-GAAP net income was $5.8 million, compared with $6.0 million for the third quarter of 2022. The company also upsized its credit facility to $60.0 million with a new bank partner Woodforest National Bank and repurchased 60,335 shares of common stock during the quarter. The company's finance portfolio effective yield was 14.0%, a 30-basis-point decrease from September 30, 2022. SWK also reported a 10.3% increase in gross finance receivables to $234.9 million from the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.26%
Tags
earnings
-
News
SWK Holdings Corporation to Report Third Quarter 2023 Financial Results
Rhea-AI Summary
SWK Holdings Corporation (Nasdaq: SWKH) will host a conference call and live audio webcast on November 9, 2023, at 10:00 a.m. ET to discuss its corporate and financial results for the third quarter of 2023. Interested participants and investors can access the conference call by dialing (844) 378-6488 (U.S.) or (412) 317-1079 (International). An audio webcast will also be available on the SWK Holdings' website. The webcast will be archived for 90 days starting from approximately 11:00 a.m. ET on November 9, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
conferences earnings
News
SWK Holdings Corporation Announces B. Riley Securities Exercises Option to Purchase Approximately $3 Million in Additional Unsecured Senior Notes
Rhea-AI Summary
SWK Holdings Corporation (NASDAQ: SWKH) announced that B. Riley Securities has exercised its option to purchase $2,968,750 in additional unsecured Senior notes from its previously announced registered underwritten public offering. The total net proceeds are now approximately $31.9 million. The Notes will mature on January 31, 2027, and will bear interest at a rate of 9.00% per annum.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
none
-
News
SWK Holdings Corporation Increases Revolving Credit Facility to $60 Million
Rhea-AI Summary
SWK Holdings announces amendment to its credit facility
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
-
News
SWK Holdings Corporation Announces Closing of Public Offering of Senior Unsecured Notes Due 2027
Rhea-AI Summary
SWK Holdings Corporation completes $30 million public offering of 9.00% Senior notes due 2027, with an option for additional $4.5 million. Net proceeds amount to $29.1 million. Notes approved for listing on Nasdaq under symbol 'SWKHL'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
offering
News
SWK Holdings Corporation Announces Pricing of Public Offering of Senior Unsecured Notes Due 2027
Rhea-AI Summary
SWK Holdings Corporation has priced its registered underwritten public offering of $30 million in aggregate principal amount of 9.00% Senior notes due 2027. The total net proceeds from the Offering are approximately $29.1 million. SWK intends to use the net proceeds for general corporate purposes, including funding future acquisitions and investments. The Offering is expected to close on October 3, 2023. SWK has applied to list the Notes on the Nasdaq Global Market, with trading expected to commence on October 4, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
offering
-
News
SWK Holdings Corporation Announces Public Offering of Senior Unsecured Notes Due 2028
Rhea-AI Summary
SWK Holdings Corporation plans to offer $30 million in senior unsecured notes due 2028 in a public offering. The net proceeds will be used for general corporate purposes. The Notes have been rated BBB-.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
offering
-
News
Ahead of the Winter Season, DEWALT® Enters the Snow Category with Its First Snow Blower, the 21 In. 60V MAX* Single-Stage Snow Blower
Rhea-AI Summary
DEWALT, a Stanley Black & Decker brand, has announced the launch of its first-ever snow blower, the 21 in 60V MAX Single-Stage Snow Blower. Designed for professional use, it can clear up to 16 parking spaces on a single charge.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.12%
Tags
none
News
SWK Holdings Corporation Announces Financial Results for Second Quarter 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
earnings
Stock SWKH logo
Swk Holdings Corp

Nasdaq:SWKH

SWKH Rankings

#3695 Ranked by Market Cap
#2958 Ranked by Stock Gains
N/A Ranked by Dividends

SWKH Stock Data

213.45M
1.57M
1.93%
93.45%
0.53%
International Trade Financing
Finance and Insurance
Link
United States
Dallas

About SWKH

swk holdings corporation is focused on becoming a market leading innovator in healthcare finance by providing capital to a broad range of life science companies, institutions and inventors. swk’s primary focus is on monetizing cash flow streams derived from commercial-stage products and related intellectual property through royalty purchases and financings, as well as through the creation of synthetic revenue interests in commercialized products. the company believes its financing structures achieve an optimal partnership for companies, institutions and inventors seeking capital for expansion or capital and estate planning by allowing its partners to monetize future cash flow with minimal dilution to their equity stakes. swk funds transactions through its balance sheet as well as through its registered investment advisory subsidiary.