Tiptree Second Quarter 2024 Earnings: EPS: US$0.35 (vs US$0.16 in 2Q 2023)

Simply Wall St

August 05, 2024

Tiptree (NASDAQ:TIPT) Second Quarter 2024 Results

Key Financial Results

Revenue: US$546.7m (up 35% from 2Q 2023).
Net income: US$12.7m (up 114% from 2Q 2023).
Profit margin: 2.3% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue.
EPS: US$0.35 (up from US$0.16 in 2Q 2023).

earnings-and-revenue-history — NasdaqCM:TIPT Earnings and Revenue History August 5th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tiptree shares are down 5.7% 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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