Atlantic American: Q3 Earnings Snapshot
News > Business News
Audio By Carbonatix
11:17 AM on Tuesday, November 12, 2024
The Associated Press
ATLANTA (AP) — ATLANTA (AP) — Atlantic American Corp. (AAME) on Tuesday reported a third-quarter loss of $2 million, after reporting a profit in the same period a year earlier.
The Atlanta-based company said it had a loss of 10 cents per share. Losses, adjusted for non-recurring costs, came to 4 cents per share.
The insurance company posted revenue of $44.5 million in the period.
The company's shares closed at $1.65. A year ago, they were trading at $1.54.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AAME at https://www.zacks.com/ap/AAME
