United Insurance Holdings Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 05:17 pm EST
United Insurance Holdings Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 123.79 million compared to USD 162.74 million a year ago. Net loss was USD 70.88 million compared to USD 14.32 million a year ago. Basic loss per share from continuing operations was USD 1.65 compared to USD 0.33 a year ago. Diluted loss per share from continuing operations was USD 1.65 compared to USD 0.33 a year ago.
For the nine months, revenue was USD 341.95 million compared to USD 479.98 million a year ago. Net loss was USD 173.09 million compared to USD 55.6 million a year ago. Basic loss per share from continuing operations was USD 4.02 compared to USD 1.29 a year ago. Diluted loss per share from continuing operations was USD 4.02 compared to USD 1.29 a year ago.