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Article: Independence Holding Company Announces 2004 Third Quarter and Record Nine Months Operating Results.
- Article from:
- Business Wire
- Article date:
- November 8, 2004
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STAMFORD, Conn. -- Independence Holding Company (NYSE:IHC) today reported 2004 third quarter and record nine months operating results.
Operating Results
Net income increased 23% to $5,546,000, or $.38 per share, diluted, for the third quarter of 2004 from $4,493,000, or $.32 per share, diluted, for the third quarter of 2003. Net income from operations (excluding net securities gains and losses) increased 6% in the third quarter of 2004 to $4,888,000, or $.34 per share, diluted, compared to $4,598,000, or $.32 per share, diluted, for the third quarter of 2003. Revenues increased 23% to $58,672,000 from $47,595,000.
Net income increased 19% to ...