DERIDDER, La. (AP) — DERIDDER, La. (AP) — Amerisafe Inc. (AMSF) on Tuesday reported first-quarter earnings of $8.9 million.
The Deridder, Louisiana-based company said it had profit of 47 cents per share. Earnings, adjusted for investment costs, were 60 cents per share.
The insurance provider posted revenue of $72.6 million in the period. Its adjusted revenue was $75.7 million.
Amerisafe shares have decreased slightly more than 3% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $49.84, a climb of 11% in the last 12 months.
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