PRA Q1 2024 Earnings — ProAssurance Corporation Revenue & Financial Results | Market Cap Arena

PRAProAssurance Corporation

$1B

Q1 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$282M+2.9% YoY

Gross Profit

$53M18.9% margin

Operating Income

$5M1.9% margin

Net Income

$5M1.6% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

-4.7%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$13M

Stock-Based Comp.

$945,000

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$4.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$282M	$274M	+2.9%
Gross Profit	$53M	$36M	+49.0%
Operating Income	$5M	-$8M	+163.7%
Net Income	$5M	-$6M	+174.9%