Inactive Instrument

Midwest Holding Inc.

MDWT

US59833J2069

Midwest Holding Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023

May 15, 2023 at 04:21 pm EDT

Midwest Holding Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 38.45 million compared to USD 2.58 million a year ago. Net income was USD 3.83 million compared to USD 0.187 million a year ago.

Basic earnings per share from continuing operations was USD 1.03 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 1.01 compared to USD 0.05 a year ago.

Latest news about Midwest Holding Inc.

Midwest Holding Inc.(NasdaqCM:MDWT) dropped from NASDAQ Composite Index	Dec. 21	CI
Antarctica Capital, LLC completed the acquisition of Midwest Holding Inc. from Crestline Assurance Holdings LLC, Rendezvous Capital, Llc, Knott Partners L.P. managed by Knott Partners Management, LLC and others.	Dec. 20	CI
Midwest Holding Inc.(NasdaqCM:MDWT) dropped from S&P TMI Index	Dec. 20	CI
Midwest Holding Receives Regulatory Nod on Acquisition by Antarctica Capital Affiliate	Dec. 14	MT
Earnings Flash (MDWT) MIDWEST HOLDING Reports Q3 EPS $0.10	Nov. 13	MT
Earnings Flash (MDWT) MIDWEST HOLDING Reports Q3 Revenue $16.4M	Nov. 13	MT
Midwest Holding Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Earnings Flash (MDWT) MIDWEST HOLDING Reports Q2 Revenue $29.1M	23-08-11	MT
Midwest Holding Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-11	CI
Midwest Holding Inc.(NasdaqCM:MDWT) added to Russell 3000E Growth Index	23-06-23	CI
Midwest Holding Inc.(NasdaqCM:MDWT) dropped from Russell Microcap Value Index	23-06-23	CI
Midwest Holding Inc.(NasdaqCM:MDWT) dropped from Russell 3000E Value Index	23-06-23	CI
Midwest Holding Inc.(NasdaqCM:MDWT) added to Russell Microcap Growth Index	23-06-23	CI
Midwest Holding Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
Earnings Flash (MDWT) MIDWEST HOLDING Posts Q1 Revenue $38.5M, vs. Street Est of $15.7M	23-05-15	MT
Earnings Flash (MDWT) MIDWEST HOLDING Reports Q1 EPS $1.01, vs. Street Est of $-0.03	23-05-15	MT
Midwest Holding Inc. Provides Earnings Guidance for the Second Quarter of 2023 and Full Year 2023	23-05-15	CI
Antarctica Capital, LLC entered into an agreement to acquire Midwest Holding Inc. from Crestline Assurance Holdings LLC, Rendezvous Capital, Llc, Knott Partners L.P. managed by Knott Partners Management, LLC and others for approximately $100 million.	23-04-30	CI
Piper Sandler Adjusts Midwest Price Target to $15 From $16, Maintains Neutral Rating	23-04-05	MT
Transcript : Midwest Holding Inc., Q4 2022 Earnings Call, Mar 28, 2023	23-03-28
Midwest Holding Inc. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-27	CI
Midwest Holding Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022	23-03-27	CI
Midwest Holding Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-03-27	CI
Earnings Flash (MDWT) MIDWEST HOLDING Posts Q4 Revenue $8.6M	23-03-27	MT
Midwest Holding Inc. Provides Financial Guidance for the First Quarter and Full Year of 2023	23-03-27	CI

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Company Profile

Midwest Holding Inc. is a financial services company. The Company is a technology-enabled, services-oriented annuity platform. It operates through its wholly owned subsidiaries, American Life & Security Corp. (American Life) and 1505 Capital LLC, as well as through its sponsored captive reinsurance company, Seneca Reinsurance Company, LLC. American Life is licensed to sell, underwrite, and market life insurance and annuity products in 25 states and the District of Columbia. It designs and develops annuity products that are distributed through independent distribution channels, to a large and growing demographic of United States retirees. The Company originates, manages, and typically transfers these annuities through reinsurance arrangements to asset managers and other third-party investors. It also provides the operational and regulatory infrastructure and expertise to enable asset managers and third-party investors to form and manage their own reinsurance capital vehicles.

Sector

Life & Health Insurance

Calendar

2024-05-12 - Q1 2024 Earnings Release (Projected)

More about the company

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