Tiptree reported Q2 2020 financial results with revenues of $199.2 million, up 4.2% from the prior year period. Operating EBITDA increased by 74.8% to $22.2 million, driven by improved performance in Tiptree Capital. The company declared a dividend of $0.04 per share.
Revenues increased by 4.2% to $199.2 million.
Operating EBITDA increased by 74.8% to $22.2 million.
Book value per share was $9.97 as of June 30, 2020, a decrease of 11.7%.
A dividend of $0.04 per share was declared.
This release contains forward-looking statements which involve risks, uncertainties and contingencies, many of which are beyond the Company’s control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements.
Visualization of income flow from segment revenue to net income