Investors Title Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 07, 2023 at 08:29 am EDT
Investors Title Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 58.31 million compared to USD 70.9 million a year ago. Net income was USD 7.59 million compared to USD 2.28 million a year ago. Basic earnings per share from continuing operations was USD 4 compared to USD 1.2 a year ago. Diluted earnings per share from continuing operations was USD 4 compared to USD 1.2 a year ago.
For the six months, revenue was USD 109.66 million compared to USD 139.9 million a year ago. Net income was USD 8.77 million compared to USD 8.46 million a year ago. Basic earnings per share from continuing operations was USD 4.62 compared to USD 4.46 a year ago. Diluted earnings per share from continuing operations was USD 4.62 compared to USD 4.45 a year ago.