Independence Holding (IHC) Tops Q1 EPS by 9c

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American Independence Corp. Announces 2015 First-Quarter Results

May 7, 2015 6:32 PM EDT

NEW YORK, May 7, 2015 (GLOBE NEWSWIRE) -- American Independence Corp. (Nasdaq: AMIC) today reported 2015 first-quarter results.

Financial Results

AMIC reported net income of $0.7 million ($.09 per diluted share) for the three months ended March 31, 2015 compared to $0.6 million ($.08 per diluted share) for the three months ended March 31, 2014.

Revenues increased to $43.6 million for the three months ended March 31, 2015 compared to revenues of $43.1 million for the three months ended March 31, 2014, primarily due to an increase in premiums offset by a decrease in agency income.

Chief Executive Officer's... More

Independence Holding Company Announces 43% Increase in 2015 First-Quarter Results and 29% Increase in Annual Dividend Rate

May 7, 2015 6:15 PM EDT

STAMFORD, Conn., May 7, 2015 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2015 first-quarter results.    

Financial Results

Independence Holding Company (IHC) reported a 43% increase in net income per diluted share of $.30, or $5,219,000, for the three months ended March 31, 2015 compared to $.21 per diluted share, or $3,701,000, for the three months ended March 31, 2014. The Company reported revenues of $134,265,000 for the three months ended March 31, 2015 compared to revenues for the three months ended March 31, 2014 of $141,072,000.  The decrease in revenues is primarily due to the... More