Cardinal State Bank (SNC) Reports In-Line Q2 EPS
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August 12, 2015 4:05 PM EDT
BEDFORD, Texas, Aug. 12, 2015 (GLOBE NEWSWIRE) -- State National Companies, Inc. (NASDAQ: SNC) today reported its financial results for the second quarter ended June 30, 2015.
Total revenues in the second quarter of 2015 were $46.4 million, up 31.1 percent from $35.4 million in the second quarter of 2014. Adjusted net income, a non-GAAP measure, was $9.7 million, or $0.22 per diluted share, in the second quarter of 2015, compared to adjusted net income of $8.5 million, or $0.24 per diluted share, for the same period in 2014. The difference in earnings per diluted share was the result of a net increase of approximately 9.5 million weighted average shares... More
August 12, 2015 4:05 PM EDT
BEDFORD, Texas, Aug. 12, 2015 (GLOBE NEWSWIRE) -- State National Companies, Inc. (NASDAQ: SNC) today reported its financial results for the second quarter ended June 30, 2015.
Total revenues in the second quarter of 2015 were $46.4 million, up 31.1 percent from $35.4 million in the second quarter of 2014. Adjusted net income, a non-GAAP measure, was $9.7 million, or $0.22 per diluted share, in the second quarter of 2015, compared to adjusted net income of $8.5 million, or $0.24 per diluted share, for the same period in 2014. The difference in earnings per diluted share was the result of a net increase of approximately 9.5 million weighted average shares... More
