Triple-S Management (GTS) Reports Q2 EPS of 39c

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Triple-S Management Corporation Reports Second Quarter 2017 Results

August 8, 2017 6:30 AM EDT

SAN JUAN, Puerto Rico, Aug. 8, 2017 /PRNewswire/ -- Triple-S Management Corporation (NYSE: GTS), a leading managed care company in Puerto Rico, today announced quarterly consolidated revenues of $745.9 million and net income of $12.7 million, or $0.52 per diluted share, versus net income of $3.9 million, or $0.16 per diluted share, last year. The adjusted net income for the quarter was $9.4 million, or $0.39 per diluted share, versus adjusted net income of $2.8 million, or $0.11 per diluted share, a year ago.

Quarterly Consolidated Highlights

Consolidated operating revenues were $741.2 million, a 0.8% decrease from last year, reflecting lower... More