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Citizens Reports Fourth Quarter and Full Year 2022 Financial Results

Citizens Announces Q4 And 2020 Financial Results

Citizens Announces Q4 And 2020 Financial Results A strong finish to 2020 with Q4 first year premiums up 10% News provided by Share this article Share this article AUSTIN, Texas, March 10, 2021 /PRNewswire/  Citizens, Inc. (NYSE: CIA) today announced 2020 financial results showing a Class A loss per share of ($0.22) primarily driven by one-time expenses of $0.19 per share triggered by a change-in-control of the Company.  Excluding this one-time expense, loss per share of Class A common stock was ($0.03) 1 for the full year. Despite this distraction on top of the global pandemic, this outcome is consistent with the prior year. Gerald W. Shields, Vice-Chairman of the Board and interim CEO, said, 2020 was a pivotal year where we focused on our customers, our products and our distribution channel making tremendous progress in a new virtual marketplace.  Our campaigns invigorated sales despite navigating significant challenges and during the fourth quarter we saw first year pr

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