NMI Holdings (NMIH) Tops Q3 EPS by 5c

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NMI Holdings, Inc. Reports Third Quarter 2015 Financial Results

October 27, 2015 4:01 PM EDT

EMERYVILLE, Calif., Oct. 27, 2015 /PRNewswire/ -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported results for the third quarter ended Sep. 30, 2015.  The company reported a net loss for the third quarter of $4.8 million, or $0.08 per share, which compares with a net loss of $10.4 million, or $0.18 per share, in the prior quarter, and a net loss of $11.0 million, or $0.19 per share, in the third quarter of 2014.

Bradley Shuster, chairman and CEO of National MI, said, "In the third quarter, we continued to execute on our growth plan, as our 43% sequential increase in new insurance... More