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DERIDDER, La. (AP) — DERIDDER, La. (AP) — Amerisafe Inc. (AMSF) on Wednesday reported third-quarter profit of $14.3 million.
On a per-share basis, the Deridder, Louisiana-based company said it had net income of 75 cents. Earnings, adjusted for investment gains, were 58 cents per share.
The insurance provider posted revenue of $78.7 million in the period. Its adjusted revenue was $74.7 million.
Amerisafe shares have risen nearly 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $50.79, a decrease of roughly 3% in the last 12 months.
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