Triple-S Management (GTS) Tops Q4 EPS by 20c
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Triple-S Management Corporation Reports Fourth Quarter 2015 Results
February 18, 2016 6:30 AM ESTSAN JUAN, Puerto Rico, Feb. 18, 2016 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS), a leading managed care company in Puerto Rico, today announced consolidated revenues of $773.9 million and pro forma net income of $11.2 million, or $0.45 per diluted share for the quarter ended December 31, 2015. For the full year, consolidated revenues amounted to $2.9 billion and pro forma net income was $38.2 million, or $1.48 per diluted share.
Quarterly Consolidated Highlights
Consolidated operating revenues were $768.3 million, a 35.9% increase from last year, reflecting the change in the Medicaid contract from an administrative services only... More