DERIDDER, La. (AP) — DERIDDER, La. (AP) — Amerisafe Inc. (AMSF) on Tuesday reported second-quarter profit of $14.6 million.
The Deridder, Louisiana-based company said it had net income of 78 cents per share. Earnings, adjusted for investment gains, were 44 cents per share.
The insurance provider posted revenue of $92 million in the period. Its adjusted revenue was $83.9 million.
Amerisafe shares have decreased 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $34.06, a decrease of 23% in the last 12 months.
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