FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — Universal Insurance Holdings Inc. (UVE) on Thursday reported net income of $25.1 million in its fourth quarter.
On a per-share basis, the Fort Lauderdale, Florida-based company said it had profit of 82 cents. Earnings, adjusted for non-recurring gains, were 72 cents per share.
The property and casualty insurance company posted revenue of $330.4 million in the period.
For the year, the company reported a loss of $22.3 million, or 72 cents per share. Revenue was reported as $1.22 billion.
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