Midwest Holding Inc. (MDWT) Tops Q1 EPS by 28c
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Midwest Holding Inc. Reports First Quarter 2022 Results
May 16, 2022 4:15 PM EDTLINCOLN, Neb., May 16, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the first quarter of 2022.
First Quarter 2022 Highlights:
GAAP net income was $187,000 compared to a $(1.6) million GAAP net loss incurred in the first quarter of 2021. GAAP earnings were 5 cents per share (diluted) versus the (43) cent per-share loss in Q1 2021.GAAP total revenue was $2.6 million compared to the negative total revenue of $(614,000) in the first quarter of 2021. Driving the year-over-year... More