PRA Q1 2023 Earnings — ProAssurance Corporation Revenue & Financial Results | Market Cap Arena

PRAProAssurance Corporation

$1B

Q1 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$274M-0.6% YoY

Gross Profit

$36M13.1% margin

Operating Income

-$8M-3.0% margin

Net Income

-$6M-2.3% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-7.4%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$31M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$4.6B

Stockholders' Equity

$1.1B

Cash & Equivalents

$56M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$274M	$275M	-0.6%
Gross Profit	$36M	$33M	+8.3%
Operating Income	-$8M	-$6M	-49.7%
Net Income	-$6M	-$4M	-73.4%