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Article: Standard Management Reports Second Quarter 2003 Earnings; Net Income $.13 Per Diluted Share.
- Article from:
- PR Newswire
- Article date:
- August 8, 2003
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Standard Management Corporation (the "Company," "Standard Management," or "SMAN"; Nasdaq: SMAN, http://www.sman.com/) reported net income of $1.0 million or $.13 per diluted share for the quarter ended June 30, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010416/STANDARDLOGO )
Highlights
* Income from continuing operations increased to $.13 per diluted share
for the current quarter, up from a loss of $.48 per diluted share from
the prior year comparable quarter
* SMAN's traditionally reported book value continues to strengthen moving
from $9.62 per diluted share at year-end 2002 to $10.19 per diluted
share at the current ...