ATLANTA (AP) _ Atlantic American Corp. (AAME) on Tuesday reported a loss of $431,000 in its first quarter.
On a per-share basis, the Atlanta-based company said it had a loss of 3 cents. Losses, adjusted for non-recurring gains, were 10 cents per share.
The insurance company posted revenue of $49.1 million in the period.
The company’s shares closed at $3.93. A year ago, they were trading at $1.79.
The Associated Press