Runway Growth Finance reports Q4 EPS 39c, consensus 42c

Reports Q4 revenue $33.8M, consensus $36.1M. Reports Q4 Total investment income of $33.8M; Net investment income of $14.6M, or 39c per share; Net asset value of $514.9M, or $13.79 per share…”In 2024, Runway Growth advanced its strategy to optimize our portfolio, enhance our origination channels, and expand our product set,” said David Spreng, Founder and CEO of Runway Growth. “Notably, we believe the close of the combination between our investment adviser, Runway Growth Capital, and BC Partners Credit positions the Company to further diversify our go-forward composition and maximize the portfolio with attractive investment opportunities. Our stockholders and borrowers alike will benefit from the combined scale and expertise of our expanded platform as we seek to mitigate risk and drive heightened returns.” Spreng continued, “Our team’s diligent underwriting and credit-first investment philosophy will drive the strength of our portfolio and enable our borrowers to perform against the dynamic macro environment taking shape in the year ahead.”