Runway Growth Finance Announces Q3 EPS of 43c, Exceeding Consensus of 39c
Reports Q3 NAV per share $13.55. "Runway Growth continues to make meaningful progress in executing our strategy to scale and optimize our portfolio," said David Spreng, Founder and CEO of Runway Growth. "Our third quarter investment activity is only beginning to show the benefits of our integration within the BC Partners ecosystem, which enables us to source from a broader set of origination channels. We believe this integration also positions us to pursue inorganic growth initiatives that advance our portfolio, as demonstrated by our proposed acquisition of SWK Holdings following quarter-end. We believe this is a uniquely structured transaction that will expand our healthcare and life sciences exposure, and highlights one of our key growth levers. Looking ahead, we are confident in our position as a destination of choice for growth investment."
