Patriot National Reverses Last Year's 2nd Quarter Loss

Patriot National on Tuesday reported net income of $1 million in the second quarter, compared to a $5.6 million loss in the second quarter of 2014. For the first six months of this year, Patriot reported a net loss of $3.8 million, down from a $4.1 million loss reported in the first half of 2014. Patriot reported net revenues of $47.4 million during the quarter, more than triple the $15.5 million in revenues reported in the prior-year quarter. Patriot's revenues of $90.4 million for the first six months of 2015 was also nearly triple the $31.1 million in revenues reported in the first ha...