Triple-S Management (GTS) Misses Q1 EPS by 29c

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Triple-S Management Corporation Reports First Quarter 2017 Results

May 9, 2017 6:30 AM EDT

SAN JUAN, Puerto Rico, May 9, 2017 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS), a leading managed care company in Puerto Rico, today announced quarterly consolidated revenues of $722.5 million and a net loss of $4.3 million, or $0.18 per diluted share, versus net income of $3.4 million, or $0.14 per diluted share, a year ago. The adjusted net loss for the quarter was $4.8 million, or $0.20 per diluted share, versus adjusted net income of $3.4 million, or $0.14 per diluted share, a year ago.

Quarterly Consolidated Highlights

Consolidated operating revenues were $719.6 million, a 4.8% decrease from... More