Business
WhiteHorse Finance, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Results and Declares Quarterly Distribution of $0.385 Per Share
WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the fourth quarter and year ended December 31, 2024. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the fourth quarter and year ended December 31, 2024. The distribution will be payable on April 4, 2025 to stockholders of record as of March 21, 2025.
About this update from Whitehorse Finance, Inc.
[{"type":"text","content":"NEW YORK, March 7, 2025 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the fourth quarter and year ended December 31, 2024. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the fourth quarter and year ended December 31, 2024. The distribution will be payable on April 4, 2025 to stockholders of record as of March 21, 2025.","length":503,"tagName":"p"},{"type":"text","content":"Stuart Aronson, WhiteHorse Finance's Chief Executive Officer, commented, "While our fourth quarter results were impacted by specific challenges within our investment portfolio, we remain committed to optimizing outcomes for these specific credits. Despite these setbacks, the majority of our portfolio is stable and performing well. We continue to leverage our strategic position in the non-sponsored market where we see better risk-adjusted returns and less competition. Our rigorous underwriting standards and focus on credits with strong fundamentals ensure that we are well-positioned to navigate the current market dynamics and deliver value to our shareholders."","length":682,"tagName":"p"},{"type":"text","content":"Summary Information as of December 31, 2024 and September 30, 2024 (unaudited):","length":79,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.33em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.33em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.33em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Three Months Ended ","length":18,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.33em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-A...