Atlantic American reports Q4 2022 net income $1.0M, full year $1.5M; Q1 2023 net loss $1.4M; brings filings current

ATLANTIC AMERICAN CORP

2023-Q2 EPS reported $0.00 revenue$95,457,000

Q4 2022 net income of $1.0M ($0.05 diluted EPS) vs $2.7M ($0.12 EPS) a year ago.
Full year 2022 net income $1.5M ($0.06 EPS) vs $4.3M ($0.19 EPS) in 2021; operating income rose to $9.6M from -$1.5M.
Q1 2023 net loss of $1.4M (-$0.08 per share) vs net income of $2.8M ($0.13) in Q1 2022.
Operating income (non-GAAP) was $0.6M in Q1 2023 vs $1.6M in Q1 2022, due to higher auto claims.
Company now current on SEC filings after delaying annual/quarterly reports due to actuarial system conversion.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ATLANTIC AMERICAN CORP reported first quarter of 2023 results: net income net loss of $1.4 million, EPS $0.08 per common share.

Period: first quarter of 2023
Net income: net loss of $1.4 million
EPS: $0.08 per common share
Result: reported results

Exact text from the filing

The Company reported net loss of $1.4 million, or $0.08 per common share, in the first quarter of 2023

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ATLANTIC AMERICAN CORP reported the year ended December 31, 2022 results: net income $1.5 million, EPS $0.06 per diluted share.

Period: the year ended December 31, 2022
Net income: $1.5 million
EPS: $0.06 per diluted share
Result: reported results

Exact text from the filing

For the year ended December 31, 2022, the Company reported net income of $1.5 million, or $0.06 per diluted share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ATLANTIC AMERICAN CORP reported the three month period ended December 31, 2022 results: net income $1.0 million, EPS $0.05 per diluted share.

Period: the three month period ended December 31, 2022
Net income: $1.0 million
EPS: $0.05 per diluted share
Result: reported results

Exact text from the filing

The Company reported net income for the three month period ended December 31, 2022 of $1.0 million, or $0.05 per diluted share

View on SEC.gov

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ATLANTIC AMERICAN CORP filing history →

Source: SEC EDGAR

accession 0001140361-23-032434

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