NASDAQ$RWAY
Runway Growth Finance Corp · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Runway Growth reported first quarter 2024 financial results, featuring total investment income of $40.0 million and net investment income of $18.7 million.
Runway Growth Finance Corp. announced its financial results for the first quarter ended March 31, 2024. Total investment income was $40.0 million and net investment income was $18.7 million, or $0.46 per share. The investment portfolio's fair value was approximately $1.02 billion.
- Total investment income of $40.0 million.
- Net investment income of $18.7 million, or $0.46 per share.
- Net asset value of $13.36 per share.
- Dollar-weighted annualized yield on debt investments of 17.4% for the quarter.
Headline financials
Revenue & EPS history
Runway Growth · Revenue · Quarterly
$18.8M
Forward guidance
Runway Growth is employing prudent selectivity and underwriting rigor as it looks to deploy its ample dry powder in the coming quarters. Maintaining and enhancing credit quality is the primary priority as the company has continued confidence in its portfolio’s earnings power and ability to provide consistent distributions to its shareholders. The team will maintain this level of discipline as it seeks to partner with best-in-class companies in the industries it knows best, and deliver sustainable risk-adjusted returns for its shareholders.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2024
-0.7%
Avg return
Earnings day
-2.3%
Avg return
5 days after
-3.3%
Avg return
30 days after
42%
8 / 19 earnings
Positive
+7.4%
Q4 2022
Best reaction
-13.4%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.1% | -2.2% | -9.5% | |
| Q4 2025 | -7.4% | -1.7% | -8.0% | |
| Q3 2025 | +1.6% | +2.8% | -5.7% | |
| Q1 2025 | +6.3% | +7.3% | +8.3% | |
| Q4 2024 | -1.0% | -0.3% | -14.1% | |
| Q3 2024 | -0.3% | -1.0% | +4.3% | |
| Q2 2024 | -6.5% | -8.4% | -7.1% | |
| Q1 2024 | -6.7% | -12.3% | -8.2% | |
| Q4 2023 | -13.4% | -11.4% | -7.7% | |
| Q3 2023 | +2.6% | +0.9% | -1.3% | |
| Q2 2023 | +3.8% | +5.9% | +2.8% | |
| Q1 2023 | -1.4% | -5.4% | +11.7% | |
| Q4 2020 | +7.4% | +2.1% | -5.9% | |
| Q4 2022 | +7.4% | +2.1% | -5.9% | |
| Q3 2022 | -1.5% | -2.5% | -5.9% | |
| Q2 2022 | +4.1% | +2.3% | -8.4% | |
| Q1 2022 | -1.3% | -9.7% | -7.9% | |
| Q4 2021 | -1.0% | -8.5% | +3.0% | |
| Q3 2021 | -5.8% | -4.2% | +3.7% | |
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