Patriot National (PN) Reports In-Line Q2 EPS

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Patriot National Announces Second Quarter Financial Results

August 11, 2015 4:01 PM EDT

FORT LAUDERDALE, Fla., Aug. 11, 2015 /PRNewswire/ -- Patriot National, Inc. (NYSE: PN), a national provider of technology and outsourcing solutions to the insurance industry, today announced its financial results for the second quarter ended June 30, 2015, increased its outlook for 2015, and established initial 2016 guidance.

Highlights

For the quarter ended June 30, 2015:

Total Revenues of $47.3 million and Fee Income of $47.4 million GAAP Net Income of $1.0 million, or $0.04 per diluted share Adjusted Earnings of $4.7 million, or $0.18 per diluted share... More