Investors title company announces second quarter 2023 financial results

Chapel hill, n.c.--(business wire)--investors title company (nasdaq: itic) today announced results for the second quarter ended june 30, 2023. the company reported net income of $7.6 million, or $4.00 per diluted share, for the three months ended june 30, 2023, compared to $2.3 million, or $1.20 per diluted share, for the prior year period. revenues decreased 17.8% to $58.3 million, compared with $70.9 million for the prior year quarter, primarily as a result of decreases in the company's title.
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