Welcome to our dedicated page for Whitehorse news (Ticker: WHF), a resource for investors and traders seeking the latest updates and insights on Whitehorse stock.
WhiteHorse Finance Inc (WHF) provides senior secured loans to U.S. small-cap companies through disciplined credit analysis. This news hub offers investors and analysts centralized access to WHF's financial developments and market activities.
Track critical updates including quarterly earnings, portfolio adjustments, and strategic initiatives. Our curated collection features official press releases and verified financial reporting related to WHF's secured lending operations and risk management practices.
Key coverage areas include loan originations, credit facility expansions, dividend declarations, and regulatory filings. Stay informed about WHF's position in the business development company sector through timely updates on its first-lien investment strategy and portfolio performance.
Bookmark this page for direct access to WHF's latest financial communications. Monitor how the company navigates market conditions while maintaining its focus on collateral-backed returns in the lower middle market.
WhiteHorse Finance (Nasdaq: WHF) announced its Q2 2024 financial results and declared a quarterly distribution of $0.385 per share. Key highlights include:
- Total investment income: $23.482 million, down 7.8% from Q1
- Net investment income: $9.292 million ($0.400 per share), down 14.1% from Q1
- Net asset value per share: $13.45, down 0.4% from Q1
- Investment portfolio fair value: $660.0 million, down 5.4% from Q1
- Weighted average effective yield on debt investments: 11.7%
CEO Stuart Aronson noted that despite challenges, WhiteHorse generated core net investment income exceeding the regular dividend. The company is focusing on credits with positive free cash flow, cyclicality, and strong owners, maintaining rigorous underwriting standards in an aggressive lending market.
WhiteHorse Finance (Nasdaq: WHF) will release its Q2 2024 financial results on August 8, 2024. The results will be available for the period ending June 30, 2024. A conference call to discuss these results will be held the same day at 9:00 a.m. ET. Investors can join the call by dialing 800-343-5172 (domestic) or +1 785-264-8342 (international), referencing ID #WHFQ224. The call can also be accessed via the investor relations section of WhiteHorse Finance's website. A replay of the teleconference will be available two hours post-call until August 15, 2024, by dialing 800-925-9941 or +1 402-220-5395 for international callers. A webcast replay will also be available on the company's website.
WhiteHorse Finance, Inc. announced its Q1 2024 financial results with total investment income of $25,475, net investment income per share of $0.465, and a total investment portfolio valued at $697.9 million as of March 31, 2024. The company declared a distribution of $0.385 per share for the quarter and reported a net increase in net assets resulting from operations of $5,969.
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