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Radian Group (RDN) Tops Q1 EPS by 3c

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Radian Announces First Quarter 2016 Financial Results

April 27, 2016 6:36 AM EDT

-- Net income of $66 million or $0.29 per diluted share --

-- Adjusted pretax operating income of $130 million --

-- Adjusted diluted net operating income of $0.37 per share --

-- Book value per share increases 8% year-over-year to $12.42 --

PHILADELPHIA--(BUSINESS WIRE)-- Radian Group Inc. (NYSE: RDN) today reported net income from continuing operations for the quarter ended March 31, 2016, of $66.2 million, or $0.29 per diluted share. This compares to net income from continuing operations for the quarter ended March 31, 2015, of $91.7 million, or $0.39 per diluted share. Pretax... More