TPG Swings to Q1 Loss, Revenue Falls

MT Newswires Live

05/01

TPG (TPG) reported Friday it swung to a Q1 loss of $0.22 per diluted share from break even a year earlier.

Revenue for the quarter ended March 31 was $500 million, down from $1.03 billion a year earlier.

Analysts surveyed by FactSet expected $610 million.

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