Tiptree Financial (TIPT) Reports Q2 EPS of $0.47

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Go back to Tiptree Financial (TIPT) Reports Q2 EPS of $0.47

Tiptree Financial Inc. Reports Second Quarter 2015 Financial Results

August 13, 2015 6:15 AM EDT

Tiptree Financial Inc. GAAP net income of $15.0 million for the second quarter and $14.0 million for the first half of 2015, representing its 77% ownership of Tiptree Operating Company, which had GAAP net income of $19.8 million for the second quarter and $18.0 million for the first half of 2015. Tiptree Operating Company total Adjusted EBITDA of $32.2 million for the second quarter and $45.2 million for the first half of 2015. Tiptree Operating Company Adjusted EBITDA for continuing operations of $7.2 million for the second quarter and $12.0 million for the first half of 2015.... More