The earnings call highlighted strong financial performance, successful capital raising, and strategic growth plans through the MRCC merger. However, challenges like a decrease in portfolio size and high prepayment activity were noted.
Company Guidance
During the Horizon Technology Finance Corporation's third-quarter 2025 earnings call, significant guidance was provided regarding the company's strategic direction and financial performance. The company announced a net investment income (NII) of $0.32 per share and an increase in net asset value (NAV) per share by 5% to $7.12. They declared monthly distributions of $0.11 per share through March 2026. Horizon discussed the impending merger with MRCC, expected to be finalized in early 2026, which aims to enhance assets under management and leverage Monroe Capital's support for larger venture loans. The portfolio yield on debt investments remained high at 18.6%, and the company raised $40 million through 5.5% unsecured convertible notes. The debt portfolio was valued at $603 million with a committed backlog of $119 million and a net leverage of 0.94:1. They also highlighted the acquisition of a venture debt portfolio, bolstering their pipeline for future growth. As they aim to return to their historical growth trajectory, Horizon remains focused on originating larger loans while maintaining strong liquidity and a robust pipeline for sustainable expansion.
Merger Announcement with MRCC
Horizon Technology Finance Corporation announced a merger with MRCC, expected to close in early 2026. This merger will significantly increase assets under management and provide greater economies of scale.
Net Investment Income Growth
The company reported net investment income of $0.32 per share, growing from $0.28 in the previous quarter.
Strong Portfolio Yield
Horizon achieved a portfolio yield on debt investments of 18.6%, one of the highest in the BDC industry.
Successful Capital Raising
Horizon raised $40 million through the issuance of 5.5% unsecured convertible notes due 2030 and an additional $10 million in equity through the ATM program.
Horizon Technology (HRZN) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HRZN Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 28, 2025
$6.01
―
―
Aug 07, 2025
$7.04
$6.82
-3.12%
Apr 29, 2025
$8.14
$6.77
-16.83%
Mar 04, 2025
$8.52
$7.67
-9.98%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Horizon Technology (HRZN) report earnings?
Horizon Technology (HRZN) is schdueled to report earning on Mar 03, 2026, After Close (Confirmed).
What is Horizon Technology (HRZN) earnings time?
Horizon Technology (HRZN) earnings time is at Mar 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.