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Tiptree: 4Q Earnings Snapshot

NEW YORK (AP) _ Tiptree Financial Inc. (TIPT) on Wednesday reported fourth-quarter earnings of $165,000.

The New York-based company said it had profit of 1 cent per share. Losses, adjusted to account for discontinued operations, came to 25 cents per share.

The insurance and specialty finance company posted revenue of $152.4 million in the period.

For the year, the company reported profit of $23.9 million, or 69 cents per share. Revenue was reported as $625.8 million.

Tiptree shares have climbed slightly more than 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.89, a decline of almost 3 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