Tiptree: Fourth Quarter Earnings Overview

Tiptree Financial Announces Fourth Quarter Earnings

Tiptree Financial Inc., headquartered in Greenwich, Connecticut, revealed a net profit of $5.9 million for the fourth quarter.

The company reported earnings of $0.04 per share. After adjusting for discontinued operations, the loss per share stood at $0.25.

During this quarter, the insurance and specialty finance provider recorded $3,000 in revenue.

For the full year, Tiptree Financial achieved a total net income of $34.9 million, translating to $0.76 per share, with annual revenue reaching $488,000.

—