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Atlas Financial Holdings, Inc. (NASDAQ:AFH) ("Atlas" or the "Company") today announced that it will release its financial results for the second quarter ended June 30, 2014 after the market closes on Tuesday, August 5, 2014.
Atlas will discuss these results in a conference call the following morning (Wednesday, August 6, 2014) at 8:30 a.m. ET.
Conference Call Details
Wednesday, August 6, 2014 – 8:30 a.m. ET
Participant Dial-In Numbers:
To access the call, please dial-in approximately five minutes before the start time and, when asked, provide the operator with passcode "Atlas".
An accompanying slide presentation will be available in .pdf format on the investor relations page of the Company’s website after issuance of the earnings release.
The call will also be simultaneously webcast over the Internet via the “Investor Relations” section of Atlas’ website at
www.atlas-fin.com/investorrelations or by clicking on the conference call link:
http://atlas-fin.equisolvewebcast.com/q2-2014. Audio and a transcript of the call will be archived on the Company’s website.
In the second quarter, the Company completed the previously announced equity offering. As of June 30, 2014, there were 11,771,586 total common shares outstanding and 37,038 restricted stock units. The following table indicates the weighted average common share amounts for basic and dilutive for the three and six month periods ending June 30, 2014 and June 30, 2013.
Three Month Period Ended
Six Month Period Ended
Weighted average common shares - basic
Dilutive potential ordinary shares:
Dilutive stock options
Dilutive shares upon preferred share conversion
Weighted average common shares - diluted
The primary business of Atlas is commercial automobile insurance in the United States, with a niche market orientation and focus on insurance for the "light" commercial automobile sector including taxi cabs, non-emergency paratransit, limousine/livery and business auto. The business of Atlas is carried on through its insurance subsidiaries American Country Insurance Company, American Service Insurance Company, Inc. and Gateway Insurance Company. Atlas' insurance subsidiaries have decades of experience with a commitment to always being an industry leader in these specialized areas of insurance.