Printer Friendly

UNITED INSURANCE COMPANIES, INC. REPORTS SECOND QUARTER RESULTS

 DALLAS, Aug. 4 /PRNewswire/ -- United Insurance Companies, Inc. (NASDAQ-NMS: UICI) today reported net income for the second quarter of 1993 of $8,608,000 or $0.92 per share as compared to $6,781,000 or $0.79 per share for the same period in 1992. Net income for 1993 included $0.20 per share of gains on sales of investments as compared to gains of $0.19 per share in 1992.
 Net income for the six months ended June 30, 1993 was $15,267,000 or $1.63 per share compared to $12,672,000 or $1.48 per share for the corresponding period in 1992. For the six months, gains on sales of investments were $0.20 in 1993 compared to $0.37 in 1992.
 UNITED INSURANCE COMPANIES, INC.
 Periods ended Three Months Six Months
 June 30 1993 1992 1993 1992
 Revenues $110,183,000 $ 90,818,000 $208,366,000 $182,358,000
 Net Income 8,608,000 6,781,000 15,267,000 12,672,000
 Fully Diluted Net
 Income Per Share $0.92 $0.79 $1.63 $1.48
 -0- 8/4/93
 /CONTACT: Vernon R. Woelke, treasurer of United Insurance Companies, Inc., 214-960-8497/
 (UICI)


CO: United Insurance Companies, Inc. ST: Texas IN: INS SU: ERN

SM -- NY023 -- 9286 08/04/93 10:38 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 4, 1993
Words:220
Previous Article:TECHKNITS, INC. REPORTS FISCAL 1993 EARNINGS
Next Article:NORTH AMERICAN MORTGAGE COMPANY REPORTS $1.32 BILLION LOAN FUNDINGS IN JULY; SERVICING PORTFOLIO REACHES RECORD $14.2 BILLION
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters