SunTrust Downgrades Patriot National (PN) to Neutral

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Go back to SunTrust Downgrades Patriot National (PN) to Neutral

Patriot National Reports Record Fee Income for the Fourth Quarter Ended December 31, 2015 and Record Fee Income and Adjusted EBITDA for the Year Ended December 31, 2015

February 24, 2016 4:56 PM EST

FORT LAUDERDALE, Fla., Feb. 24, 2016 /PRNewswire/ -- Patriot National, Inc. (NYSE: PN), a leading provider of technology and outsourcing solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2015.

 

Highlights:

For the quarter ended December 31, 2015: (Comparisons to the corresponding prior-year period)

Total Revenues and Fee Income of $60.9 million, increased 51% GAAP Net Loss of $5.4 million, or $0.19 per share Adjusted... More