Overview

* Runway Growth Q3 total investment income stable at $36.7 mln, matching last year's figure

* Net investment income for Q3 was $15.7 mln, slightly down from $15.9 mln last year

* Company proposes acquisition of SWK Holdings to expand healthcare and life sciences exposure

Outlook

* Company did not provide specific financial guidance for future quarters or full year

Result Drivers

* INVESTMENT ACTIVITY - Completed 11 investments totaling $128.3 mln in new and existing portfolio companies

* BC PARTNERS INTEGRATION - Co says integration within BC Partners ecosystem broadens origination channels

* SWK ACQUISITION - Proposed acquisition of SWK Holdings to expand healthcare and life sciences exposure

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net $489.50

Asset mln

Value

Q3 Net $13.55

Asset

Value

Per

Share

Q3 $21.01

Operatin mln

g

Expenses

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the corporate financial services peer group is "hold"

* Wall Street's median 12-month price target for Runway Growth Finance Corp ( RWAY ) is $11.25, about 13.1% above its November 5 closing price of $9.78

* The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)