Greenlight Captial Re (GLRE) Tops Q1 EPS by 8c

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Greenlight Re Announces First Quarter 2015 Financial Results

May 4, 2015 4:05 PM EDT

GRAND CAYMAN, Cayman Islands, May 4, 2015 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) today announced financial results for the first quarter ended March 31, 2015. Greenlight Re reported a net loss of $24.0 million for the first quarter of 2015, compared to a net loss of $8.9 million for the same period in 2014. The net loss per share for the first quarter of 2015 was $0.65, compared to a net loss per share of $0.24 for the same period in 2014.

Fully diluted adjusted book value per share was $30.09 as of March 31, 2015, a 9.0% increase from $27.61 per share as of March 31,... More

Greenlight Re Announces First Quarter 2015 Financial Results

May 4, 2015 4:05 PM EDT

GRAND CAYMAN, Cayman Islands, May 4, 2015 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) today announced financial results for the first quarter ended March 31, 2015. Greenlight Re reported a net loss of $24.0 million for the first quarter of 2015, compared to a net loss of $8.9 million for the same period in 2014. The net loss per share for the first quarter of 2015 was $0.65, compared to a net loss per share of $0.24 for the same period in 2014.

Fully diluted adjusted book value per share was $30.09 as of March 31, 2015, a 9.0% increase from $27.61 per share as of March 31,... More