Mercury General 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 1,083.23 million compared to USD 785.63 million a year ago. Net loss was USD 41.54 million compared to USD 210.68 million a year ago. Basic loss per share from continuing operations was USD 0.75 compared to USD 3.8 a year ago. Diluted loss per share from continuing operations was USD 0.75 compared to USD 3.8 a year ago.
For the six months, revenue was USD 2,189.81 million compared to USD 1,591.09 million a year ago. Net loss was USD 86.83 million compared to USD 407.6 million a year ago. Basic loss per share from continuing operations was USD 1.57 compared to USD 7.36 a year ago. Diluted loss per share from continuing operations was USD 1.57 compared to USD 7.36 a year ago.