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Atlantic American posts 2Q profit

ATLANTA (AP) _ Atlantic American Corp. (AAME) on Monday reported second-quarter net income of $1.5 million.

On a per-share basis, the Atlanta-based company said it had profit of 7 cents. Earnings, adjusted for investment gains, were 3 cents per share.

The insurance company posted revenue of $43.6 million in the period.

The company's shares closed at $3.40. A year ago, they were trading at $4.10.


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


Keywords: Atlantic American, Earnings Report