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Atlantic American: 1Q Earnings Snapshot

ATLANTA (AP) _ Atlantic American Corp. (AAME) on Monday reported first-quarter net income of $4.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Atlanta-based company said it had net income of 19 cents. Losses, adjusted for non-recurring gains, came to 11 cents per share.

The insurance company posted revenue of $55 million in the period.

The company's shares closed at $2.49. A year ago, they were trading at $3.


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