Greenlight Captial Re (GLRE) Reports Q2 Loss Per Share of of $1.06

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Go back to Greenlight Captial Re (GLRE) Reports Q2 Loss Per Share of of $1.06

Greenlight Re Announces Second Quarter 2015 Financial Results

August 3, 2015 4:02 PM EDT

GRAND CAYMAN, Cayman Islands, Aug. 3, 2015 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the second quarter ended June 30, 2015. Greenlight Re reported a net loss of $39.6 million for the second quarter of 2015, compared to net income of $109.6 million for the same period in 2014. The net loss per share for the second quarter of 2015 was $1.06, compared to fully diluted net income per share of $2.89 for the same period in 2014.

Fully diluted adjusted book value per share was $29.07 as of June 30, 2015, a 4.6% decrease from $30.47 per share as of June 30,... More