Atlantic American: Q4 Earnings Snapshot
Atlantic American Corp. (AAME) on Monday reported a fourth-quarter loss of $2.2 million, after reporting a profit in the same period a year earlier
By AP News
Published - Apr 01, 2024, 04:54 PM ET
Last Updated - May 13, 2024, 02:38 PM EDT
ATLANTA (AP) — ATLANTA (AP) — Atlantic American Corp. (AAME) on Monday reported a fourth-quarter loss of $2.2 million, after reporting a profit in the same period a year earlier.
The Atlanta-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring gains, came to 21 cents per share.
The insurance company posted revenue of $46.7 million in the period.
For the year, the company reported a loss of $171,000, or 3 cents per share, swinging to a loss in the period. Revenue was reported as $186.8 million.
