Yahoo Finance Tiptree First Quarter 2024 Earnings: EPS: US$0.25 (vs US$0.029 loss in 1Q 2023)
Tiptree (NASDAQ:TIPT) First Quarter 2024 Results
Key Financial Results
Revenue: US$498.2m (up 31% from 1Q 2023).
Net income: US$9.05m (up from US$1.06m loss in 1Q 2023).
Profit margin: 1.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.
EPS: US$0.25 (up from US$0.029 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tiptree shares are up 3.8% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Tiptree's balance sheet and an in-depth analysis of the company's financial position.
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