April 11, 2021
Business News

Safety Announces Fourth Quarter and Year End 2020 Results


BOSTON–()–Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company”) today reported fourth quarter 2020 results. Net income for the quarter ended December 31, 2020 was $53.0 million, or $3.55 per diluted share, compared to net income of $28.1 million, or $1.82 per diluted share, for the comparable 2019 period. Net income for the year ended December 31, 2020 was $138.2 million, or $9.18 per diluted share, compared to net income of $99.6 million, or $6.46 per diluted share, for the comparable 2019 period. Non-generally accepted accounting principles (“non-GAAP”) operating income, as defined below, for the quarter ended December 31, 2020 was $2.55 per diluted share, compared to $1.44 per diluted share, for…



Click here to view the original article.

Related Posts

You might also like ...

Article feature image
Biden declares South Korean battery maker deal a win for U.S. electric vehicle production – CNBC
Article feature image
Fed’s Powell: U.S. economy at an ‘inflection point’ – CBS ’60 Minutes’ – Reuters
Alnylam Presents Positive Late-Breaking Data from Ongoing Phase 1 Study of ALN-AGT, an Investigational RNAi Therapeutic for the Treatment of Hypertension