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

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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