Universal American (UAM) Misses Q1 EPS by 2c

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Go back to Universal American (UAM) Misses Q1 EPS by 2c

Universal American Corp. Reports 2015 First Quarter Results

May 5, 2015 6:00 AM EDT

Announces Retirement of Robert A. Waegelein, President & CFO

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- Universal American Corp. (NYSE: UAM) today announced financial results for the quarter ended March 31, 2015.

Results of First Quarter 2015

Universal Americans reported net income for the first quarter of 2015 was $2.2 million, or $0.03 per share. Adjusted net income for the first quarter of 2015 was $3.6 million, or $0.04 per share, which excludes the following after-tax items:

$5.3 million, or $0.06 per share, of tax benefits; $1.2 million, or $0.01 per... More