Triple-S Management (GTS) Reports In-Line Q2 EPS

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Triple-S Management Corporation Reports Second Quarter 2015 Results

August 6, 2015 7:20 AM EDT

SAN JUAN, Puerto Rico, Aug. 6, 2015 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS), a leading managed care company in Puerto Rico, today announced consolidated revenues of $782.0 million and net income of $18.9 million, or $0.73 per diluted share for the quarter ended June 30, 2015.

Quarterly Consolidated Highlights

Consolidated operating revenues were $770.3 million, a 31.4% increase from last year; Managed Care member month enrollment declined 48.1% year over year, reflecting the reduction in Medicaid service regions from eight to two; Consolidated operating income was $5.6 million; Consolidated loss ratio was 84.6%; ... More

Triple-S Management Corporation Reports Second Quarter 2015 Results

August 6, 2015 7:01 AM EDT

SAN JUAN, Puerto Rico, Aug. 6, 2015 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS), a leading managed care company in Puerto Rico, today announced consolidated revenues of $782.0 million and net income of $18.9 million, or $0.73 per diluted share for the quarter ended June 30, 2015.

Quarterly Consolidated Highlights

Consolidated operating revenues were $770.3 million, a 31.4% increase from last year; Managed Care member month enrollment declined 48.1% year over year, reflecting the reduction in Medicaid service regions from eight to two; Consolidated operating income was $5.6 million; Consolidated loss ratio was 84.6%; ... More