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UPDATE: UBS Downgrades Patriot National (PN) to Neutral

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Patriot National Announces Third Quarter 2016 Financial Results

November 14, 2016 6:45 AM EST

FORT LAUDERDALE, Fla., Nov. 14, 2016 /PRNewswire/ -- Patriot National, Inc. (NYSE: PN), ("Patriot National or "the Company") a leading provider of technology and outsourcing solutions, today announced its financial results for the quarter ended September 30, 2016.

Financial Highlights:(For the quarter ended September 30, 2016, all comparisons correspond to the prior-year period)

Total Revenues increased 2.9% to $60.2 million Total Fee Income increased 2.9% to $60.2 million GAAP Net Income of $1.9 million,... More