Radian Group (RDN) Tops Q4 EPS by 6c

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Radian Announces Fourth Quarter and Full Year 2017 Financial Results

February 1, 2018 6:30 AM EST

-- Fourth quarter GAAP net income of $6.8 million, or $0.03 per diluted share, and full year GAAP net income of $121.1 million, or $0.55 per diluted share, includes expense of $0.47 per diluted share representing the impact of tax reform --

-- Adjusted diluted net operating income per share for the fourth quarter of $0.51, an increase of 24% year-over-year, and for the full year of $1.82, an increase of 17% year-over-year --

-- Writes $53.9 billion in new MI business for 2017, sets company record for flow MI; MI in force increases 9% year-over-year --

-- Increases PMIERs excess to $450... More