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Runway Growth Finance reports Q1 results

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Runway Growth Finance Corp. reported its first-quarter results, showcasing a net investment income of $17.4 million, or $0.46 per share, which was an increase from the previous quarter's $16.4 million, or $0.44 per share. The company's total investment income rose to $40.6 million from $37.4 million in the prior quarter, driven by higher interest income from its investment portfolio. Additionally, Runway Growth declared a quarterly dividend of $0.40 per share, payable on May 31, 2023, to shareholders of record as of May 10, 2023. The company also highlighted its portfolio growth, with total investments at fair value increasing to $1.1 billion from $1.0 billion at the end of the previous quarter.

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