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Unemployment rate unexpectedly rose slightly to 4.1%, the highest level since November 2021

TriplePoint Venture Growth: Q1 Earnings Snapshot

Associated Press Finance
·1 min read

MENLO PARK, Calif. (AP) — MENLO PARK, Calif. (AP) — TriplePoint Venture Growth BDC Corp. (TPVG) on Wednesday reported earnings of $8 million in its first quarter.

On a per-share basis, the Menlo Park, California-based company said it had net income of 21 cents. Earnings, adjusted for investment costs, were 41 cents per share.

The investment company posted revenue of $29.3 million in the period.

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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