Hercules Capital Reports Q4 Earnings, Matching Analyst Expectations
SAN MATEO, Calif. - Hercules Capital, Inc. (HTGC) reported a net income of $61.4 million for the fourth quarter, translating to earnings per share of 37 cents. Adjusted for investment costs, earnings were 49 cents per share, in line with Wall Street estimates.
Revenue for the quarter was $121.8 million, falling short of the $124.1 million forecasted by analysts. For the full year, the company's profit amounted to $263 million, or $1.61 per share, on revenue of $493.6 million.