SUNRISE, Fla. (AP) _ FedNat Holding Company (FNHC) on Tuesday reported third-quarter profit of $4.7 million.
The Sunrise, Florida-based company said it had net income of 36 cents per share. Earnings, adjusted for non-recurring gains, were 33 cents per share.
The insurance underwriter posted revenue of $99.5 million in the period. Its adjusted revenue was $96.2 million.
FedNat Holding shares have declined 28% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $14.26, a fall of 33% in the last 12 months.