TriplePoint Venture Growth: 2Q Earnings Snapshot
MENLO PARK, Calif. (AP) _ TriplePoint Venture Growth BDC Corp. (TPVG) on Wednesday reported second-quarter profit of $8.4 million.
The Menlo Park, California-based company said it had net income of 47 cents per share. Earnings, adjusted for investment costs, came to 50 cents per share.
The investment company posted revenue of $16.6 million in the period.
TriplePoint Venture Growth shares have climbed almost 8 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.67, a climb of 5.5 percent in the last 12 months.