Patriot National Announces Second Quarter Financial Results

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Patriot National (PN) Reports In-Line Q2 EPS

August 11, 2015 4:03 PM EDT

Patriot National (NYSE: PN) reported Q2 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $47.3 million versus the consensus estimate of $45.14 million.

"Our strong second quarter results and increased financial outlook for 2015 reflect solid execution of our growth strategy," said Steven M. Mariano, Chief Executive Officer of Patriot National. "During the second quarter, fee income increased to $47.4 million from $43.0 million last quarter and... More