Trinity Capital

Oct 30, 2024 | ng.investing.com | Trinity Capital

Trinity Capital Inc (NASDAQ:), a provider of financial solutions to growth-oriented companies, reported record third-quarter earnings that beat analyst expectations, sending its stock up 2% in response. The company announced net investment income (NII) of $29.4 million, or $0.54 per share, for the quarter ended September 30, surpassing the analyst estimate of $0.51 per share. Total investment income reached a record $61.8 million, up 33.2% YoY.

Aug 3, 2023 | ffnews.com | Katy Garnham |Jason Rosen |Jason Brown |Trinity Capital

Credit card and financial technology company Petal announced today that it has closed a committed $200 million debt facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit. Petal has also agreed to a multi-year extension of its existing term loan facilities and closed a new term loan facility for up to $20 million of incremental commitments with Trinity Capital Inc.

May 8, 2023 | ffnews.com | Joshua Hackett |Trinity Capital

Trinity Capital Inc., a prominent provider of diversified financial solutions to growth-stage companies, has announced its financial results for Q1 2023, ending March 31. The company has experienced significant growth over the past year, with total investment income reaching $41.5 million, a 30.5% increase year-over-year. Net investment income (NII) was $19.3 million, or $0.55 per basic share, a 23.7% increase from the previous year.