United Insurance Holdings Q2 Sales $79.30M Down From $111.41M YoY
Portfolio Pulse from Benzinga Newsdesk
United Insurance Holdings (NASDAQ:UIHC) reported a 28.82% decrease in sales this quarter, with sales of $79.30 million compared to $111.41 million in the same period last year.
August 10, 2023 | 8:50 pm
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United Insurance Holdings reported a significant decrease in sales this quarter, which may negatively impact investor sentiment and the company's stock price.
The significant decrease in sales reported by United Insurance Holdings is likely to negatively impact investor sentiment. This could lead to a decrease in the company's stock price in the short term as investors may perceive this as a sign of poor financial performance.
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