ProAssurance Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 291.83 million compared to USD 255.83 million a year ago. Net income was USD 10.63 million compared to net loss of USD 1.66 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to basic loss per share from continuing operations of USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to diluted loss per share from continuing operations of USD 0.03 a year ago.
For the six months, revenue was USD 564.51 million compared to USD 538.9 million a year ago. Net income was USD 4.45 million compared to net loss of USD 5.22 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to diluted loss per share from continuing operations of USD 0.1 a year ago.