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Stock impact report

TriplePoint Venture Growth BDC Corp. Announces First Quarter 2024 Financial Results

TriplePoint Venture Growth BDC Corp. (TPVG) 
Last triplepoint venture growth bdc corp. earnings: 3/4 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Achieved Net Investment Income of $0.41 Per Share and 15.4% Portfolio Yield on Debt Investments for the First QuarterDECLARES SECOND QUARTER 2024 DISTRIBUTION OF $0.40 PER SHARE MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the first quarter ended March 31, 2024 and the declaration by its Board of Directors of its second quarter 2024 distribution of $0.40 per share.First Quarter 2024 HighlightsSigned $130.5 million of term sheets with venture growth stage companies at TriplePoint Capital LLC (“TPC”) and TPVG closed $10.0 million of new debt commitments to venture growth stage companies;Funded $13.5 million in debt investments to three portfolio companies with a 14.3% weighted average annualized Show less Read more
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