Greenlight Capital Re has reported a net income of $32.3 million, or $0.88 per diluted share, for the third quarter ended September 30, 2009, compared to a net loss of $118.4 million, or $3.29 per diluted share, for the third quarter ended September 30, 2008.
Total revenues for the third quarter of 2009 were $89.14 million, versus negative revenues of $89.21 million for the third quarter of 2008.
For the first nine months ended September 30, 2009, net income was $152.3 million, $4.16 per diluted share, compared to a net loss of $89.6 million, or $2.49 per diluted share, for the first nine months ended September 30, 2008.
For the first nine months of 2009, total revenues were $302.77 million, compared to negative revenues of $11.77 million for the 2008 period.