Unico American Corporation Reports First Quarter 2018 Financial Results
Unico American Corporation (UNAM)
US:NASDAQ Investor Relations:
last10k.com/sec-filings/unam
Company Research
Source: Business Wire
CALABASAS, Calif.--(BUSINESS WIRE)-- Unico American Corporation (NASDAQ – “UNAM”) (“Unico,” the “Company”) announced today its consolidated financial results for the three months ended March 31, 2018. For the three months ended March 31, 2018, revenues were $8.8 million and net loss was $2.2 million ($0.42 diluted loss per share) compared with revenues of $9.0 million and net loss of $2.1 million ($0.40 diluted loss per share) for the three months ended March 31, 2017. Stockholders’ equity was $56.8 million as of March 31, 2018, or $10.71 per common share including unrealized after-tax investment losses of $1.1 million, compared to stockholders’ equity of $59.9 million as of December 31, 2017, or $11.30 per common share including unrealized after-tax investment losses of $0.2 million. “We continued to improve our foundation for future success during the first quarter of 2018,” said Cary L. Cheldi
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