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Atlantic American: Q4 Earnings Snapshot
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ATLANTA (AP) — ATLANTA (AP) — Atlantic American Corp. (AAME) on Friday reported fourth-quarter net income of $1.3 million.

On a per-share basis, the Atlanta-based company said it had profit of 6 cents. Earnings, adjusted for non-recurring gains, came to 1 cent per share.

The insurance company posted revenue of $51.3 million in the period.

For the year, the company reported net income of $6 million, or 28 cents per share, swinging to a profit in the period. Revenue was reported as $210.4 million.

In the final minutes of trading on Friday, the company's shares hit $1.04. A year ago, they were trading at $3.08.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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