Atlantic American swings to Q1 net income of $0.8M from loss of $2.0M

ATLANTIC AMERICAN CORP

2025-Q1 EPS reported $0.03 revenue$50,125,000

Net income $0.8M ($0.03 diluted EPS) vs net loss of $2.0M ($0.10 EPS) in Q1 2024.
Premium revenue up 5.3% to $46.9M from $44.6M; operating income $0.3M vs operating loss $2.4M.
Life and health operations drove improvement on higher premiums and favorable loss experience.
Property and casualty segment faced elevated losses; recent rate adjustments expected to help.
Chairman Howell expressed confidence in long-term growth and outlook for remainder of 2025.

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