U.S. Markets close in 1 hr 20 mins

Tiptree: 1Q Earnings Snapshot

NEW YORK (AP) _ Tiptree Financial Inc. (TIPT) on Monday reported first-quarter net income of $3.9 million.

The New York-based company said it had profit of 11 cents per share.

The insurance and specialty finance company posted revenue of $183.9 million in the period.

Tiptree shares have climbed nearly 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.75, a decrease of 10% 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