Greenlight Captial Re (GLRE) Reports Q3 Loss Per Share of 5.98

Go back to Greenlight Captial Re (GLRE) Reports Q3 Loss Per Share of 5.98

Greenlight Re Announces Third Quarter 2015 Financial Results

October 23, 2015 4:15 PM EDT

GRAND CAYMAN, Cayman Islands, Oct. 23, 2015 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the third quarter ended September 30, 2015. Greenlight Re reported a net loss of $219.7 million for the third quarter of 2015, compared to a net loss of $51.8 million for the same period in 2014. The net loss per share for the third quarter of 2015 was $5.98, compared to a net loss per share of $1.40 for the same period in 2014.

Fully diluted adjusted book value per share was $23.29 as of September 30, 2015, a 20.1% decrease from $29.16 per share as of September 30,... More