WhiteHorse Finance

WhiteHorse Finance, Inc is a managed, non-diversified, closed-end management investment company which operates as a direct lender targeting debt investments in privately held, lower middle market companies located in the United States. Its investment objective is to generate returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate. It focuses principally on originating senior secured loans to lower middle market companies. The company was founded on December 28, 2011 and is headquartered in Miami, FL.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

WhiteHorse Finance reports solid Q1 performance amidst market challenges

WhiteHorse Finance's Q1 performance was solid, with net investment income covering dividends.
The company faces challenges from market conditions and decreasing average investment size.
Opportunities lie in optimizing the portfolio mix and capitalizing on aggressive lenders.
Maintaining a focus on stable credits can drive future stability and growth.

WhiteHorse Finance reports Q3 challenges, focuses on non-sponsor market

WHF faced challenges in Q3 2024 with a decline in the investment portfolio, but maintained a robust debt portfolio and declared shareholder distributions.
The company is navigating market aggressiveness by focusing on non-sponsor deals and optimizing outcomes of workout accounts.
Opportunities lie in leveraging strengths to capitalize on market conditions and adapt distribution strategies based on core earnings power.

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WhiteHorse Finance (NASDAQ:WHF ) Q3 2024 Earnings Conference Call November 7, 2024 11:30 AM ET Company Participants Robert Brinberg - President-Rose & Company Stuart Aronson - Chief Executive Officer Joyson Thomas - Chief Financial Officer. Conference Call Participants Melissa Wedel - JPMorgan Robert Dodd - Raymond James Bryce Rowe - B.

WhiteHorse Finance (WHF) Q3 2024 Earnings Call Transcript

WhiteHorse Finance (WHF) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.46 per share a year ago.

WhiteHorse Finance (WHF) Q3 Earnings and Revenues Miss Estimates

NEW YORK , Nov. 7, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended September 30, 2024. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the quarter ended September 30, 2024.

WhiteHorse Finance, Inc. Announces Third Quarter 2024 Earnings Results and Declares Quarterly Distribution of $0.385 Per Share

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NEW YORK , Oct. 15, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. (the "Company") (Nasdaq: WHF) today announced that its board of directors has declared a special distribution of $0.245 per share, which will be payable on December 10, 2024 to stockholders of record as of October 31, 2024. Distributions are paid from taxable earnings and may include a return of capital and/or capital gains.

WhiteHorse Finance, Inc. Announces Special Distribution And To Report Third Quarter 2024 Financial Results

WhiteHorse Finance's earnings and portfolio quality are deteriorating due to sensitivity to elevated interest rates, impacting net investment income and distribution coverage. WHF's non-accrual rate has increased to 5.7%, indicating portfolio weakness and raising concerns about management's underwriting capabilities. Despite a high dividend yield of 13%, weakened distribution coverage and declining NAV per share reduce confidence in sustaining current distribution rates.

WhiteHorse Finance: Growing Non-Accruals And Lower Earnings (Rating Downgrade)

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24/7 Wall Street Insights The current high interest environment has fueled the growth of the private credit market from $875 billion to over $1 trillion in a short time, with a projected $2.8 trillion market by 2027-28.

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WhiteHorse Finance (NASDAQ:WHF ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Robert Brinberg – President-Rose & Company Stuart Aronson – Chief Executive Officer Joyson Thomas – Chief Financial Officer Conference Call Participants Bryce Rowe – B. Riley Sean-Paul Adams – Raymond James Operator Good morning.

WhiteHorse Finance (WHF) Q2 2024 Earnings Call Transcript

WhiteHorse Finance (WHF) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.46 per share a year ago.

WhiteHorse Finance (WHF) Q2 Earnings and Revenues Lag Estimates

NEW YORK , Aug. 8, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended June 30, 2024. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the quarter ended June 30, 2024.

WhiteHorse Finance, Inc. Announces Second Quarter 2024 Earnings Results and Declares Quarterly Distribution of $0.385 Per Share

WhiteHorse (WHF) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Here's Why WhiteHorse (WHF) Is a Great 'Buy the Bottom' Stock Now

WhiteHorse (WHF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WhiteHorse Finance (WHF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is WhiteHorse Finance (WHF) Stock Undervalued Right Now?

NEW YORK , July 11, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its second quarter financial results for the period ended June 30, 2024 on Thursday, August 8, 2024. The Company will discuss its financial results on a conference call that day at 9:00 a.m.

WhiteHorse Finance, Inc. To Report Second Quarter 2024 Financial Results

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WhiteHorse Finance is a business development company that focuses on making investments in lower middle market companies. The company's portfolio is highly diverse and primarily consists of first lien senior secured debt, mitigating repayment risk. While WhiteHorse Finance offers a high dividend yield over 11% but the lack of growth in net asset value raises concerns about its overall performance.

WhiteHorse Finance: Well-Covered Dividend But Lacks NAV Growth

WhiteHorse Finance, Inc. (WHF) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, WHF's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

WhiteHorse Finance (WHF) Just Flashed Golden Cross Signal: Do You Buy?

WhiteHorse Finance (NASDAQ:WHF ) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Robert Brinberg - Rose & Company Stuart Aronson - CEO Joyson Thomas - CFO Conference Call Participants Mickey Schleien - Ladenburg Bryce Rowe - B. Riley Erik Zwick - Hovde Group Sean-Paul Adams - Raymond James Operator Good morning.

WhiteHorse Finance (WHF) Q1 2024 Earnings Call Transcript

WhiteHorse Finance (WHF) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.46 per share a year ago.

WhiteHorse Finance (WHF) Beats Q1 Earnings and Revenue Estimates

NEW YORK , May 8, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended March 31, 2024. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the quarter ended March 31, 2024.

WhiteHorse Finance, Inc. Announces First Quarter 2024 Earnings Results and Declares Quarterly Distribution of $0.385 Per Share

WhiteHorse (WHF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WhiteHorse Finance (WHF) Reports Next Week: What to Expect

WhiteHorse Finance benefits from higher interest rates due to its mostly floating rate assets.

WhiteHorse Finance: 12% BDC Yield, Mr. Market Says 'Meh'

NEW YORK , April 16, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its first quarter financial results for the period ended March 31, 2024 on Wednesday, May 8, 2024. The Company will discuss its financial results on a conference call that day at 10:00 a.m.

WhiteHorse Finance, Inc. To Report First Quarter 2024 Financial Results

NEW YORK , April 10, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that John P. Volpe has been appointed to serve as an independent member of its Board of Directors effective today.

WhiteHorse Finance, Inc. Appoints John P. Volpe to Its Board of Directors

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