Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2018; Declares Annual Dividend
Atlantic American Corporation (AAME)
US:NASDAQ Investor Relations:
atlam.gcs-web.com/contacts
Company Research
Source: GlobeNewswire
ATLANTA, April 01, 2019 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported its results for the fourth quarter and year ended December 31, 2018. For the fourth quarter ended December 31, 2018, the Company reported net income of $0.2 million, or $0.01 per diluted share, down from $2.5 million, or $0.12 per diluted share, in the fourth quarter of 2017. The decrease in net income was primarily attributable to an increase in unrealized losses on equity securities recognized in net income of $2.9 million and a decrease in realized investment gains of $2.0 million, partially offset by improvements in underwriting results. Premiums for the fourth quarter of 2018 increased 12.4% to $45.3 million compared to $40.3 million for the fourth quarter of 2017, as premiums in the life and health operations and property and casualty operations increased 14.4% and 8.3%, respectively, as compared to 2017. For the year ended December 31, 2018, the Company reported a net l
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News
- Atlantic American Co. (NASDAQ: AAME) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Atlantic American Co. (NASDAQ: AAME) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Don't Buy Atlantic American Corporation (NASDAQ:AAME) For Its Next Dividend Without Doing These Checks [Yahoo! Finance]Yahoo! Finance
- Atlantic American Full Year 2023 Earnings: US$0.028 loss per share (vs US$0.055 profit in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2023; Declares Annual DividendGlobeNewswire
AAME
Sec Filings
- 4/8/24 - Form DEF
- 4/1/24 - Form 10-K
- 4/1/24 - Form 8-K
- AAME's page on the SEC website