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Tiptree: 2Q Earnings Snapshot

NEW YORK (AP) _ Tiptree Financial Inc. (TIPT) on Monday reported second-quarter net income of $826,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the New York-based company said it had profit of 2 cents.

The insurance and specialty finance company posted revenue of $152.7 million in the period.

Tiptree shares have climbed 9 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.50, a drop of 1.5 percent 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