Higher income from interest and fees in the third quarter fueled a 17 percent increase in Horizon Technology Finance’s net investment income, the company reported.
For the three months ended Sept. 30, Horizon booked $3.5 million in net investment income, or 36 cents per share, up from $3 million, or 33 cents, during the same quarter last year.
The company ended the quarter with a portfolio of $241.3 million, up from $220.9 million a year ago.
Horizon experienced liquidity events from the sale of two of its portfolio companies during the quarter — Grab Networks and blinkx Plc.
