Atlantic American reports 1Q loss

ATLANTA (AP) _ Atlantic American Corp. (AAME) on Friday reported a first-quarter loss of $221,000, after reporting a profit in the same period a year earlier.

The Atlanta-based company said it had a loss of 2 cents per share. Losses, adjusted for investment gains, were 7 cents per share.

The insurance company posted revenue of $43.9 million in the period.

The company's shares closed at $3.65. A year ago, they were trading at $4.10.


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Keywords: Atlantic American, Earnings Report