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Triple-S Management Corporation (NYSE: GTS) announced it will release its third-quarter financial results for the period ending September 30, 2020 before market opens on November 6, 2020. The conference call, featuring CEO Roberto García-Rodríguez and CFO Juan José Román-Jiménez, is scheduled for 8:30 a.m. ET. Investors can access the call by dialing 1-877-300-8521 or 1-412-317-6026 or via the webcast on their official site. A replay will be available for one year.
Triple-S Management Corporation (NYSE: GTS) will present at the 2020 Wells Fargo Virtual Healthcare Conference on September 10, 2020, starting at 2:40 PM ET. The presentation will be led by President and CEO Roberto García-Rodríguez and CFO Juan José Román-Jiménez.
Investors can access the live webcast on the company's investor relations website, with a replay available afterward. Triple-S Management, a leading managed care provider in Puerto Rico and an independent licensee of the Blue Cross Blue Shield Association, has over 60 years of experience in the industry.
Triple-S Management Corporation (NYSE:GTS) reported its second quarter 2020 results, achieving a net income of $43.6 million or $1.87 per diluted share, up from $30.9 million or $1.35 a year prior. Operating revenues totaled $875.5 million, a 0.4% decline year-over-year. The company experienced lower utilization due to COVID-19 measures, reflected in a 76.1% loss ratio. Adjusted net income rose to $40.9 million, with guidance for full year adjusted earnings between $2.80 and $3.00 per share, an increase from previous estimates.
Triple-S Management Corporation (NYSE: GTS) will release its financial results for Q2 2020 on August 6, 2020, before the market opens. A conference call hosted by CEO Roberto García-Rodríguez and CFO Juan José Román-Jiménez will occur at 8:30 a.m. ET to discuss these results. The company, a licensed Blue Cross Blue Shield affiliate, provides a range of managed care products in Puerto Rico, the U.S. Virgin Islands, and Costa Rica, with a focus on Commercial, Medicare Advantage, and Medicaid markets. For further details, visit the company's website.
Triple-S Management Corporation (NYSE: GTS) announced the appointment of Dr. Stephen L. Ondra to its Board of Directors, effective October 1, 2020. This decision expands the Board from eight to nine members. Dr. Ondra brings extensive experience in healthcare technology and management, having previously served as CEO of North Star Healthcare Consulting and Chief Medical Officer at Health Care Service Corporation. His expertise is expected to enhance the Board's capabilities and support the company’s strategic initiatives aimed at increasing shareholder value.