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Stock impact report

Runway Growth Finance Corp. Reports Third Quarter 2024 Financial Results

Runway Growth Finance Corp. (RWAY) 
Company Research Source: GlobeNewswire
Delivered Total and Net Investment Income of $36.7 million and $15.9 million, RespectivelyInvestment Portfolio of $1.1 billionConference Call Today, Tuesday, November 12, 2024, at 5:00 p.m. ET MENLO PARK, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total investment income of $36.7 millionNet investment income of $15.9 million, or $0.41 per shareNet asset value of $13.39 per shareDollar-weighted annualized yield on debt investments of 15.9%Two investments completed in new portfolio companies, four investments with existing portfolio companies, and one investment with our joint venture, representing $75.3 million in funded investmentsAggregate proceeds of $75.0 millio Show less Read more
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