NEW YORK (AP) — NEW YORK (AP) — Tiptree Financial Inc. (TIPT) on Wednesday reported profit of $871,000 in its fourth quarter.
The New York-based company said it had net income of 2 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 39 cents per share.
The insurance and specialty finance company posted revenue of $369.5 million in the period.
For the year, the company reported a loss of $8.3 million, or 23 cents per share. Revenue was reported as $1.4 billion.
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