Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2023; Declares Annual Dividend
Atlantic American Corporation (AAME)
US:NASDAQ Investor Relations:
atlam.gcs-web.com/contacts
Company Research
Source: GlobeNewswire
ATLANTA, April 01, 2024 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended December 31, 2023 of $2.2 million, or ($0.11) per diluted share, as compared to net income of $1.0 million, or $0.05 per diluted share, for the comparable period in 2022. For the year ended December 31, 2023, the Company reported net loss of $0.2 million, or ($0.03) per diluted share, as compared to net income of $1.5 million, or $0.06 per diluted share, for the year ended December 31, 2022. The decrease in net income for the fourth quarter of 2023 was primarily due to an increase in insurance benefits and losses incurred partially offset by an increase in unrealized gains in equity securities. The decrease in net income for the year ended December 31, 2023 was primarily due to a decrease in earned premiums, as well as an increase in insurance benefits and losses as a percentage of premiums. Also contributing to the decrease in net income
Show less
Read more
Impact Snapshot
Event Time:
AAME
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAME alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAME alerts
High impacting Atlantic American Corporation news events
Weekly update
A roundup of the hottest topics
AAME
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
- 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
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