Midwest Holding Inc. (MDWT) Tops Q2 EPS by 268c
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Midwest Holding Inc. Reports Second Quarter 2022 Results
August 15, 2022 4:15 PM EDTLINCOLN, Neb., Aug. 15, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the second quarter of 2022.
Second Quarter 2022 Highlights:
GAAP net income was $9.3 million compared to a $(5.0) million GAAP net loss incurred in the second quarter of 2021. GAAP earnings were $2.47 per share (diluted) versus the $(1.34) per-share loss in Q1 2021.GAAP total revenue was slightly negative at $(122,000) compared to total revenue of $8.9 million in the second quarter of 2021. Total revenue was... More