Tiptree: 3Q Earnings Snapshot
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.