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Tiptree: 3Q Earnings Snapshot

November 6, 2019 GMT

NEW YORK (AP) _ Tiptree Financial Inc. (TIPT) on Wednesday reported a loss of $1.5 million in its third quarter.

On a per-share basis, the New York-based company said it had a loss of 4 cents.

The insurance and specialty finance company posted revenue of $189.2 million in the period.

Tiptree shares have increased 30% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.29, a climb of 24% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TIPT at https://www.zacks.com/ap/TIPT