PRA Q3 2023 Earnings — ProAssurance Corporation Revenue & Financial Results | Market Cap Arena

PRAProAssurance Corporation

$1B

Q3 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$276M-1.5% YoY

Gross Profit

$34M12.3% margin

Operating Income

-$54M-19.6% margin

Net Income

-$49M-17.9% margin

EPS (Diluted)

$-0.95

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$14M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$4.6B

Stockholders' Equity

$1.0B

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$276M	$280M	-1.5%
Gross Profit	$34M	$47M	-27.6%
Operating Income	-$54M	-$12M	-358.5%
Net Income	-$49M	-$9M	-441.7%