Taiwan-based logistics company Dimerco Express Group completed a Korean Air Cargo-operated charter service from Shanghai (PVG) to New York (JFK) on May 21. Currently, routes from Asia to JFK are experiencing capacity shortages, especially from mainland China, making this route an obvious choice for charter operations, Kathy Liu, director of global sales and marketing at […]
TriplePoint Venture Growth: Q1 Earnings Snapshot
May 5, 2021
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MENLO PARK, Calif. (AP) TriplePoint Venture Growth BDC Corp. (TPVG) on Wednesday reported first-quarter net income of $11.9 million, after reporting a loss in the same period a year earlier.
The Menlo Park, California-based company said it had profit of 38 cents per share. Earnings, adjusted for investment gains, were 29 cents per share.
The investment company posted revenue of $20 million in the period.
TriplePoint Venture Growth shares have increased 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.11, more than doubling in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TPVG at https://www.zacks.com/ap/TPVG