GRAND CAYMAN, Cayman Islands (AP) _ Greenlight Capital Re Ltd. (GLRE) on Wednesday reported first-quarter net income of $6.5 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had net income of 19 cents.

The property and casualty reinsurance service provider posted revenue of $150.4 million in the period. Its adjusted revenue was $146.4 million.

Greenlight Capital Re shares have risen 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.17, an increase of 47% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLRE at https://www.zacks.com/ap/GLRE

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