JMP Securities Upgrades NMI Holdings (NMIH) to Market Outperform
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NMI Holdings, Inc. Reports Second Quarter 2015 Financial Results, New Insurance Written Grows 50% Sequentially
August 4, 2015 4:01 PM EDTEMERYVILLE, Calif., Aug. 4, 2015 /PRNewswire/ -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported results for the second quarter ended Jun. 30, 2015. The company reported a net loss for the second quarter of $10.4 million, or $0.18 per share, which compares with a net loss of $7.8 million, or $0.13 per share, in the prior quarter, and a net loss of $12.9 million, or $0.22 per share, in the second quarter of 2014.
Bradley Shuster, chairman and CEO of National MI, said, "In the second quarter, we drove significant growth in new insurance written (NIW). This is primarily... More
