Tiptree: 2Q Earnings Snapshot
NEW YORK (AP) _ Tiptree Financial Inc. (TIPT) on Monday reported second-quarter profit of $11.7 million.
On a per-share basis, the New York-based company said it had net income of 32 cents.
The insurance and specialty finance company posted revenue of $191.1 million in the period.
Tiptree shares have climbed 16% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.50, a rise of roughly 1% in the last 12 months.