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Runway Growth FinanceNASDAQ: RWAY

Profile

Country:

United States

IPO:

21 October 2021

Next earnings report:

07 March 2025

Last dividends:

18 November 2024

Next dividends:

N/A
$384.95 M
-37%vs. 3y high
43%vs. sector
-43%vs. 3y high
19%vs. sector
-33%vs. 3y high
18%vs. sector
-52%vs. 3y high
88%vs. sector

Price

after hours | Tue, 19 Nov 2024 22:09:19 GMT
$10.30-$0.05(-0.48%)
$27.94 M$34.61 M
$27.94 M$25.05 M

Analysts recommendations

Institutional Ownership

RWAY Latest News

Runway Growth Capital Provides $23 Million Growth Investment to Snap! Mobile
prnewswire.com13 November 2024 Sentiment: POSITIVE

The funding will enable Snap! Mobile to cement its market leadership position and expand its reach to support more schools and organizations in need of effective fundraising solutions.

Runway Growth Finance Corp. (RWAY) Q3 Earnings and Revenues Lag Estimates
zacks.com12 November 2024 Sentiment: NEGATIVE

Runway Growth Finance Corp. (RWAY) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.54 per share a year ago.

Runway Growth Finance Corp. Announces Fourth Quarter Regular Dividend of $0.40
globenewswire.com05 November 2024 Sentiment: POSITIVE

MENLO PARK, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a fourth quarter 2024 regular cash distribution of $0.40 per share.

Runway Growth Finance Corp. (RWAY) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
zacks.com05 November 2024 Sentiment: POSITIVE

Runway Growth Finance Corp. (RWAY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mount Logan Capital Inc. Announces Strategic Minority Investment in Leading North American Lending Platform
globenewswire.com31 October 2024 Sentiment: POSITIVE

BC Partners Credit agreed to indirectly acquire a majority stake in Runway Growth Capital LLC, an SEC registered investment adviser, managing approximately $1.4 billion in private credit assets

Runway Growth Finance Corp. Announces Date for Third Quarter 2024 Financial Results and Conference Call
globenewswire.com15 October 2024 Sentiment: POSITIVE

MENLO PARK, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its third quarter 2024 financial results after market close on Tuesday, November 12, 2024. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

Runway Growth Finance Corp. Provides Third Quarter 2024 Portfolio Update
globenewswire.com08 October 2024 Sentiment: POSITIVE

MENLO PARK, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the third quarter ended September 30, 2024.

Runway Growth Finance: Weakening Distribution Coverage (Downgrade)
seekingalpha.com11 September 2024 Sentiment: NEGATIVE

Runway Growth Finance's Q2 earnings report revealed underperformance, with net investment income at $0.37 per share, insufficient to cover the $0.40 dividend, likely leading to a distribution cut. The portfolio is heavily tech-focused, with 94% in senior secured first lien debt, but faces challenges due to lower venture deal volume and deteriorating credit quality. RWAY trades at a 20.7% discount to NAV, reflecting market concerns, but future interest rate cuts could present growth opportunities despite short-term income reductions.

Runway Growth Finance Corp. Announces Third Quarter Regular Dividend of $0.40 and $0.05 Supplemental Distribution
globenewswire.com31 July 2024 Sentiment: POSITIVE

MENLO PARK, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a third quarter 2024 regular cash distribution of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.05 per share, for the third quarter of 2024.

Runway Growth Capital Provides Additional $20 Million Growth Investment to Elevate
prnewswire.com25 July 2024 Sentiment: POSITIVE

Building on a previous commitment of $40 million provided by Runway in 2023, the funding will enable Elevate's continued growth and innovation in legal software and services. MENLO PARK, Calif.

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What type of business is Runway Growth Finance?

Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services. It invests in senior secured loans between $10 million and $75 million.

What sector is Runway Growth Finance in?

Runway Growth Finance is in the Financial Services sector

What industry is Runway Growth Finance in?

Runway Growth Finance is in the Credit Services industry

What country is Runway Growth Finance from?

Runway Growth Finance is headquartered in United States

When did Runway Growth Finance go public?

Runway Growth Finance initial public offering (IPO) was on 21 October 2021

What is Runway Growth Finance website?

https://investors.runwaygrowth.com

Is Runway Growth Finance in the S&P 500?

No, Runway Growth Finance is not included in the S&P 500 index

Is Runway Growth Finance in the NASDAQ 100?

No, Runway Growth Finance is not included in the NASDAQ 100 index

Is Runway Growth Finance in the Dow Jones?

No, Runway Growth Finance is not included in the Dow Jones index

When was Runway Growth Finance the previous earnings report?

No data

When does Runway Growth Finance earnings report?

The next expected earnings date for Runway Growth Finance is 07 March 2025