MENLO PARK, Calif. (AP) _ TriplePoint Venture Growth BDC Corp. (TPVG) on Wednesday reported a third-quarter loss of $8.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Menlo Park, California-based company said it had a loss of 35 cents. Earnings, adjusted for investment costs, came to 29 cents per share.
The investment company posted revenue of $15.7 million in the period.
TriplePoint Venture Growth shares have increased 55% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.90, an increase of 35% in the last 12 months.