Patriot National (PN) Misses Q4 EPS by 9c

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Patriot National Announces Fourth Quarter and Full Year 2014 Financial Results

March 16, 2015 6:13 PM EDT

FORT LAUDERDALE, Fla., March 16, 2015 /PRNewswire/ -- Patriot National, Inc. (NYSE: PN), a national provider of outsourcing solutions to the workers' compensation insurance industry, today announced its financial results for its fourth quarter and full year ended December 31, 2014.

Highlights

For the quarter ended December 31, 2014:

Reference premium written of $82.0 million Gross reference premium written of $77.4 million Total revenues and fee income of $40.2 million Net loss of $2.4 million, or $0.13 per share Adjusted earnings of $0.1 million, or $0.01 per diluted share Adjusted EBITDA of $9.8... More