Radian Group (RDN) Tops Q2 EPS by 7c

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Go back to Radian Group (RDN) Tops Q2 EPS by 7c

Radian Announces Second Quarter 2017 Financial Results

August 1, 2017 6:30 AM EDT

-- Net GAAP loss of $27.3 million, or $0.13 per diluted share, includes after-tax non-cash impairment charges related to Services segment of $130.9 million

-- Adjusted diluted net operating income per share increases 26% year-over-year to $0.48

-- New MI business written increases 11% and MI in force increases 8% year-over-year

-- Book value per share grows 3% and tangible book value per share grows 12% year-over-year

PHILADELPHIA--(BUSINESS WIRE)-- Radian Group Inc. (NYSE: RDN) today reported a net loss for the quarter ended June 30, 2017, of $27.3 million, or $0.13 per diluted share.... More