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-0.000506329113923995 -0.000506329113923995 -0.000506329113923995 -0.000506329113923995 0 0.0253164556962026 0.0126582278481013 0.0126582278481013
Stock impact report

Atlantic American Corporation Reports Second Quarter Results for 2024

Atlantic American Corporation (AAME) 
US:NASDAQ Investor Relations: atlam.gcs-web.com/contacts
Company Research Source: GlobeNewswire
ATLANTA, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $0.7 million, or $(0.04) per diluted share, for the three month period ended June 30, 2024, compared to net income of $1.7 million, or $0.08 per diluted share, for the three month period ended June 30, 2023. The Company had net loss of $2.7 million, or $(0.14) per diluted share, for the six month period ended June 30, 2024, compared to net income of $0.3 million, or $0.00 per diluted share, for the six month period ended June 30, 2023. The increase in net loss for the three month and six month periods ended June 30, 2024 was primarily the result of unfavorable loss experience in the Company’s life and health operations, as well as in the Company’s property and casualty operations, compared to the prior year periods. Operating income decreased $2.8 million in the three month period ended June 30, 2024 from the three month period ended June 30, 2023. For the six month Show less Read more
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