PRA Q2 2023 Earnings — ProAssurance Corporation Revenue & Financial Results | Market Cap Arena

PRAProAssurance Corporation

$1B

Q2 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$285M+13.8% YoY

Gross Profit

$59M20.8% margin

Operating Income

$14M4.8% margin

Net Income

$11M3.7% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

-$32M

Free Cash Flow

-$33M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$4.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$285M	$251M	+13.8%
Gross Profit	$59M	$39M	+53.8%
Operating Income	$14M	-$4M	+477.3%
Net Income	$11M	-$2M	+740.6%