Financial Performance - For the quarter ended September 30, 2024, WhiteHorse Finance reported total investment income of $22.9 million, a decrease of 2.7% from $23.5 million in the previous quarter[3] - The net investment income for the same period was $9.2 million, down 1.5% from $9.3 million in the prior quarter, resulting in a net investment income per share of $0.394[3] - The fair value of the investment portfolio decreased to $654.3 million from $660.0 million, reflecting a decline of 0.9%[4] - Net realized gains for the quarter were $39, a significant improvement compared to a loss of $93 in the previous quarter[3] Investment Activity - The company made new investments totaling $49.0 million in seven new portfolio companies during the quarter[5] - The company transferred assets totaling $15.1 million to STRS JV in exchange for cash proceeds during the quarter[6] Portfolio Composition - The portfolio consisted of 129 positions across 73 companies, with a weighted average effective yield of 10.6% on income-producing debt investments[4] - The overall portfolio comprised approximately 79.0% first lien secured loans, indicating a strong focus on secured investments[4] Distribution - WhiteHorse Finance declared a quarterly distribution of $0.385 per share for the quarter ended September 30, 2024, payable on January 3, 2025[7] Market Strategy - WhiteHorse Finance continues to focus on segments of the lending market where it believes it has a competitive advantage, despite challenges in the broader lending market[2]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number: 814-00967 WHITEHORSE FINANCE, INC. (Exact Name of Registrant as Specified in its Charter) 45-424775 ...

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. The distributions will be payable on January 3, 2025 to stockholders of record as of December 20, 2024. Stuart Aronson, WhiteHorse Finance's Chief Executive Officer, ...

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. The specific tax characteristics of the distributions will be reported to stockholders on Form 1099-DIV after the end of ...

Somogyvari/E+ via Getty Images Overview When I previously covered WhiteHorse Finance (NASDAQ:WHF), the business development company provided solid distribution coverage through earnings but lacked any impactful NAV growth over time. I wanted to take some time to revisit WHF since their Q2 earnings were recently reported. WHF is an externally managed business development company that generates its earnings by making various forms of debt investments to lower middle market companies. WHF has a public inceptio ...

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. My name is Jamie, and I will be your conference operator today. At this time, I would like to welcome everyone to the WhiteHorse Finance Second Quarter 2024 Earnings Conf ...

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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this lender to small companies would post earnings of $0.46 per share when it actually produced earnings of $0.47, delivering a surprise of 2.17%. Over the last four ...

Exhibit 99.1 | --- | --- | --- | --- | --- | --- | |------------------------------------------------------|-------|-------------|---------|----------|-------| | Total investments, at fair value (2) | $ | 660,005 $ | 697,869 | (37,864) | (5.4) | | STRS JV total investments, at fair value | | 324,844 | 309,429 | 15,415 | 5.0 | | Net asset value per share | | 13.45 | 13.50 | (0.05) | (0.4) | HORSE WhiteHorse Finance, Inc. Announces Second Quarter 2024 Earnings Results and Declares Quarterly Distribution of $0. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number: 814-00967 WHITEHORSE FINANCE, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 45-42 ...

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. The distributions will be payable on October 2, 2024 to stockholders of record as of September 18, 2024. Stuart Aronson, WhiteHorse Finance's Chief Executive Officer, commented ...