Atlantic American Third Quarter 2023 Earnings: EPS: US$0.08 (vs US$0.038 loss in 3Q 2022)
Atlantic American (NASDAQ:AAME) Third Quarter 2023 Results
Key Financial Results
Revenue: US$44.6m (down 3.8% from 3Q 2022).
Net income: US$1.66m (up from US$784.0k loss in 3Q 2022).
Profit margin: 3.7% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses.
EPS: US$0.08 (up from US$0.038 loss in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Atlantic American shares are up 20% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Atlantic American that you should be aware of.
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