UVE Q3 2023 Earnings — Universal Insurance Holdings, Inc. Revenue & Financial Results | Market Cap Arena

UVEUniversal Insurance Holdings, Inc.

$974M

Q3 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$360M+15.1% YoY

Gross Profit

$19M5.2% margin

Operating Income

-$8M-2.2% margin

Net Income

-$6M-1.6% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$68M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.3B

Stockholders' Equity

$302M

Cash & Equivalents

$344M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$360M	$313M	+15.1%
Gross Profit	$19M	-$72M	+126.2%
Operating Income	-$8M	-$93M	+91.6%
Net Income	-$6M	-$72M	+91.8%