<div id="readability-page-1"><div><ul><li>Horizon Technology Finance Corp is expected to show a fall in quarterly revenue when it reports results on October 28 for the period ending September 30 2025</li><li>The Farmington Connecticut-based company is expected to report a 2.0% decrease in revenue to $24.061 million from $24.56 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (SAL is based on Total Investment Income)</li><li>​LSEG's mean analyst estimate for Horizon Technology Finance Corp is for earnings of 28 cents per share. </li><li>The current average analyst rating on the shares is &#34;hold&#34; and the breakdown of recommendations is 1 &#34;strong buy&#34; or &#34;buy,&#34; 5 &#34;hold&#34; and 1 &#34;sell&#34; or &#34;strong sell.&#34; </li><li>The mean earnings estimate of analysts was unchanged in the last three months. ​</li><li>Wall Street's median 12-month price target for Horizon Technology Finance Corp is $6.63, about 10.3% above its last closing price of $5.94</li></ul>Previous quarterly performance (using preferred earnings measure in US dollars). ​<div><table><tbody><tr><td>QUARTER ENDING</td><td>STARMINESMARTESTIMATE®</td><td>LSEG IBES ESTIMATE </td><td>ACTUAL</td><td>BEAT, MET, MISSED</td><td>SURPRISE %</td></tr><tr><td>Jun. 30 2025</td><td>0.28</td><td>0.28</td><td>0.28</td><td>Met</td><td>0.7</td></tr><tr><td>Mar. 31 2025</td><td>0.32</td><td>0.33</td><td>0.27</td><td>Missed</td><td>-17.1</td></tr><tr><td>Dec. 31 2024</td><td>0.32</td><td>0.32</td><td>0.27</td><td>Missed</td><td>-15.2​</td></tr><tr><td>Sep. 30 2024</td><td>0.35</td><td>0.35</td><td>0.32</td><td>Missed</td><td>-8.6</td></tr><tr><td>​​Jun. 30 2024</td><td>0.37</td><td>0.36</td><td>0.36</td><td>Met</td><td>-0.3</td></tr><tr><td>Mar. 31 2024</td><td>0.40</td><td>0.38</td><td>0.38</td><td>Met</td><td>-1.1​</td></tr><tr><td>Dec. 31 2023</td><td>0.47</td><td>0.44</td><td>0.45</td><td>Beat</td><td>2</td></tr><tr><td>Sep. 30 2023</td><td>0.42</td><td>0.41</td><td>0.53</td><td>Beat</td><td>28.5</td></tr></tbody></table></div>This summary was machine generated October 24 at 21:00 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</div></div>

HRZN

Horizon Technology Finance Corp is anticipated to report earnings of 28 cents per share, with a projected 2.0% decline in quarterly revenue to $24.061 million for the period ending September 30, 2025. The current average analyst rating is "hold," with a median 12-month price target of $6.63, reflecting a 10.3% increase from the last closing price of $5.94. The earnings estimate has remained unchanged over the last three months, with previous quarterly performances showing mixed results.

Horizon Technology Finance Corp expected to post earnings of 28 cents a share - Earnings Preview