Tiptree Q2 net income $6M ($0.16 EPS) vs prior-year loss; revenue up 19%

TIPTREE INC.

2023-Q2 EPS reported $0.13 revenue$786,143,000

Net income attributable to common stockholders of $6.0M ($0.16 diluted EPS) vs loss of $22.4M ($0.64 loss) in Q2 2022.
Total revenues of $404.5M, up 19% from $339.8M in Q2 2022.
Adjusted net income of $23.8M, up from $14.0M in the prior-year quarter.
Board declared a $0.05/share cash dividend, payable Aug 28 with record Aug 21 (up from $0.04/share).
Book value per share of $10.94 vs $10.75 a year ago.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TIPTREE INC. reported the three months ended June 30, 2023 results: revenue $ 404,518, net income $ 5,989, EPS $ 0.16.

Period: the three months ended June 30, 2023
Revenue: $ 404,518
Net income: $ 5,989
EPS: $ 0.16
Result: reported results

Exact text from the filing

Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three and six months ended June 30, 2023. Three Months Ended June 30, Six Months Ended June 30, ($ in thousands, except per share information) 2023 2022 2023 2022 Total revenues $ 404,518 $ 339,843 $ 786,143 $ 664,746 Net income (loss) attributable to common stockholders $ 5,989 $ (22,408) $ 4,927 $ (23,368) Diluted earnings per share $ 0.16 $ (0.64) $ 0.13 $ (0.67)

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

TIPTREE INC. filing history →

Source: SEC EDGAR

accession 0001393726-23-000068

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.