Atlantic American Corporation Reports First Quarter Results for 2024
Atlantic American Corporation (AAME)
US:NASDAQ Investor Relations:
atlam.gcs-web.com/contacts
Company Research
Source: GlobeNewswire
ATLANTA, May 14, 2024 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $2.0 million, or ($0.10) per common share, in the first quarter of 2024 compared to net loss of $1.4 million, or ($0.08) per common share, in the first quarter of 2023. The increase in net loss for the first quarter of 2024 was primarily the result of a decrease in premium revenue in the life and health operations coupled with unfavorable loss experience in the life and health operations. Premium revenue for the three month period ended March 31, 2024 decreased $1.5 million, or 3.4%, to $44.6 million from $46.1 million in the three month period ended March 31, 2023. The Company reported operating loss (as defined below) of $2.4 million in the three month period ended March 31, 2024 compared to operating income of $0.6 million in the three month period ended March 31, 2023. The operating loss was primarily due to a decrease in premium revenue and unfavorable loss exper
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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
- 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
AAME
Sec Filings
- 6/18/24 - Form 11-K
- 5/14/24 - Form 10-Q
- 5/14/24 - Form 8-K
- AAME's page on the SEC website