Hercules Capital, Inc. (NYSE:HTGC) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET
Company Participants
Michael Hara - Managing Director, Investor Relations
Scott Bluestein - Chief Executive Officer & Chief Investment Officer
Seth Meyer - Chief Financial Officer
Conference Call Participants
Crispin Love - Piper Sandler
Casey Alexander - Compass Point Research
Christopher Nolan - Ladenburg Thalmann
Douglas Harter - UBS
Finian O'Shea - Wells Fargo Securities
Paul Johnson - KBW
Operator
Good day, everyone, and thank you for standing by. Welcome to Hercules Capital Second Quarter 2024 Financial Results and Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] And please be advised that today's conference is being recorded.
I will hand the call over to the Managing Director of Investor Relations, Michael Hara. Please go ahead.
Michael Hara
Thank you, Carmen. Good afternoon, everyone, and welcome to Hercules conference call for the second quarter 2024.
With us on the call today from Hercules are Scott Bluestein, CEO and Chief Investment Officer; and Seth Meyer, CFO.
Hercules' financial results were released just after today's market close, and can be accessed from Hercules' Investor Relations section at investor.htgc.com. An archived webcast replay will be available on the Investor Relations webpage for at least 30 days following the conference call.
During this call, we may make forward-looking statements based on our own assumptions and current expectations. These forward-looking statements are not guarantees of future performance, and should not be relied upon in making any investment decision. Actual financial results may differ from the forward-looking statements made during this call for a number of reasons, including but not limited to the risks identified in our annual report on Form 10-K and other filings that are publicly available on the SEC's website. Any forward-looking statements made during this call are made only as of today's date, and Hercules assumes no obligation to update any such statements in the future.
With that, I'll turn the call over to Scott.
Scott Bluestein
Thank you, Michael. And thank you all for joining the Hercules Capital Q2 2024 earnings call.
Following our record funding activity in Q1 2024, we followed-up with a record second quarter of total gross fundings of $461.5 million, which led to record total gross fundings of $1.07 billion for the first half of 2024. This is the first time in our 20 years history where we have delivered more than $1 billion of gross fundings in the first half of a calendar year.