Atlantic American Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 49.19 million compared to USD 44.67 million a year ago. Net income was USD 1.74 million compared to net loss of USD 1.68 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to diluted loss per share from continuing operations of USD 0.09 a year ago.
For the six months, revenue was USD 95.46 million compared to USD 96.28 million a year ago. Net income was USD 0.298 million compared to USD 1.16 million a year ago.