Universal American (UAM) Misses Q4 EPS by 6c

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Go back to Universal American (UAM) Misses Q4 EPS by 6c

Universal American Corp. Reports 2015 Fourth Quarter Results

March 2, 2016 6:00 AM EST

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

Full Year 2015

Universal Americans reported net loss for the full year 2015 was $164.0 million, or $1.99 per share. Adjusted net loss for the full year 2015 was $17.7 million, or $0.21 per share, which excludes the following after-tax items:

$25.3 million, or $0.31 per share, of net realized investment gains, primarily related to the sale of minority interests in venture investments; $6.5 million, or $0.08 per share, of tax... More