Horizon Technology Finance Corporation (NASDAQ:HRZN) Q2 2023 Earnings Conference Call August 2, 2023 9:00 AM ET
Company Participants
Megan Bacon - Director, IR & Marketing
Robert Pomeroy - Chairman & CEO
Gerald Michaud - President & Director
Daniel Trolio - EVP, CFO & Treasurer
Conference Call Participants
Bryce Rowe - B. Riley Securities
Christopher Nolan - Ladenburg Thalmann
Ryan Lynch - KBW
Operator
Greetings, and welcome to Horizon Technology Finance Corporation Second Quarter 2023 Earnings Call. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Megan Bacon, Director, Investor Relations and Marketing. Thank you. Ms. Bacon, you may begin.
Megan Bacon
Thank you, and welcome to Horizon Technology Finance Corporation's Second Quarter 2023 Conference Call. Representing the company today are Rob Pomeroy, Chairman and Chief Executive Officer; Jerry Michaud, President; and Dan Trolio, Chief Financial Officer.
I would like to point out that the Q2 earnings press release and Form 10-Q are available on the company's website at horizontechfinance.com. Before we begin our formal remarks, I need to remind everyone that during this conference call, the company will make certain forward-looking statements, including statements with regard to the future performance of the company. Words such as believes, expects, anticipates, intends or similar expressions are used to identify forward-looking statements.
These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ on a material basis from those projected in these forward-looking statements. And some of these factors are detailed in the risk factor discussion in the company's filings with the Securities and Exchange Commission, including the company's Form 10-K for the year ended December 31, 2022. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
At this time, I would like to turn the call over to Rob Pomeroy.
Robert Pomeroy
Welcome, everyone, and thank you for your interest in Horizon. As we always do on our quarterly calls, I will update you on our performance and our current overall operating environment. Jerry will then discuss our business development efforts, our portfolio events and our markets, and Dan will detail our operating performance and financial condition. We will then take some questions.
We had a solid second quarter at Horizon despite the quarter beginning with the fallout from the banking crisis and the ongoing economic and credit concerns. To that end, our adviser Horizon Technology Finance Management closely focused on the credit quality of our portfolio companies, while we also selectively originated new loans and increased our balance sheet's investment capacity.