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Maiden Holdings: 3Q Earnings Snapshot

·1 min read

PEMBROKE, Bermuda (AP) _ Maiden Holdings Ltd. (MHLD) on Friday reported third-quarter net income of $2.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Pembroke, Bermuda-based company said it had profit of 3 cents. Losses, adjusted for non-recurring gains, were 3 cents per share.

The reinsurance holding company posted revenue of $40.4 million in the period. Its adjusted revenue was $37.3 million.

In the final minutes of trading on Friday, the company's shares hit $1.37. A year ago, they were trading at 65 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MHLD at https://www.zacks.com/ap/MHLD