Latest news with #HorizonTechnology
Globe and Mail
01-08-2025
- Business
- Globe and Mail
Horizon Technology Finance to Announce Second Quarter 2025 Financial Results
Horizon Technology Finance Corporation (NASDAQ: HRZN) ('HRZN' or 'Horizon'), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity-backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it plans to release financial results for the second quarter ended June 30, 2025 on Thursday, August 7, 2025, after the close of market trading. The Company has scheduled a conference call to discuss the results on Thursday, August 7, 2025, at 5:00 p.m. ET. The conference call will feature remarks by Mike Balkin, Chief Executive Officer, Paul Seitz, Senior Vice President and Chief Investment Officer, and Dan Trolio, Executive Vice President and Chief Financial Officer. To participate in the call, please dial (877) 407-9716 (domestic) or (201) 493-6779 (international). The conference ID is 13754326. Please dial into the call at least five minutes before the scheduled start time. The conference call will also be available via a live listen-only webcast on the Company's website, Please allow extra time prior to the call to visit the site and download any necessary software that may be needed to listen to the Internet broadcast. An online archive of the webcast will be available on the Company's website for 30 days following the call. About Horizon Technology Finance Horizon Technology Finance Corporation (NASDAQ: HRZN), externally managed by Horizon Technology Finance Management LLC, an affiliate of Monroe Capital, is a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity-backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of Horizon is to maximize its investment portfolio's return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Horizon is headquartered in Farmington, Connecticut, with a regional office in Pleasanton, California, and investment professionals located throughout the U.S. Monroe Capital is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate and equity. To learn more, please visit Forward-Looking Statements Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Company's filings with the Securities and Exchange Commission. Horizon undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Yahoo
01-05-2025
- Business
- Yahoo
Compass downgrades Horizon Technology to Sell on NAV ‘drain'
Compass Point downgraded Horizon Technology (HRZN) to Sell from Neutral with a price target of $6.50, down from $7.75, following the Q1 report. The company's 'long-term drain' on net asset value continues and has declined for the last 11 quarters in a row, the analyst tells investors in a research note. The firm says that given the historical performance of distressed credits at Horizon, there is still 'material downside risk' to NAV in future quarters. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on HRZN: Disclaimer & DisclosureReport an Issue Horizon Technology downgraded to Sell from Neutral at Compass Point Horizon Technology reports Q1 NII 27c, consensus 33c Is HRZN a Buy, Before Earnings? Horizon Technology price target lowered to $8.25 from $9 at UBS Horizon Technology originates $100.3M of new loans in Q1 Sign in to access your portfolio
