logo
Share SHARE
FONT-SIZE Plus   Neg

21st Century Holdings Turns To Profit In Q4

Insurance provider 21st Century Holdings company (TCHC) reported fourth-quarter net income of $2.0 million or $0.25 per share, compared to a net loss of $3.5 million or $0.43 per share last year.

The company noted that the earnings for the 2011 quarter included $0.13 per share from net realized investment gains and $0.04 per share relating to an increase in future tax benefits.

Total revenue for the quarter increased 16.5 percent to $16.7 million from $14.3 million last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
United Parcel Service, Inc. has started to test the use of drones to make commercial deliveries of packages to remote or difficult-to-access locations. On Thursday, the package delivery giant and drone-maker CyPhy Works staged a mock delivery of urgently needed medicine from Beverly, Massachusetts to Children's Island, which is about three miles off the Atlantic coast. Luxury electric car maker Tesla Motors Inc. (TSLA), Thursday filed a lawsuit against state officials over its right to sell vehicles directly to consumers in Michigan. The lawsuit has been filed against Governor Rick Snyder, Secretary of State Ruth Johnson and Attorney General Bill Schuette as defendants. Tesla... e.l.f. Beauty (ELF), a maker of cosmetic products, priced its initial public offering above its target range and raised about $141 million. The Oakland-based company opened sharply up on Thursday's trading on the New York Stock Exchange. The company said it sold about 8.3 million shares at $17 in...
comments powered by Disqus
Follow RTT