Palomar Holdings Inc. (PLMR) Tops Q2 EPS by 1c, Revenues Beat

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Go back to Palomar Holdings Inc. (PLMR) Tops Q2 EPS by 1c, Revenues Beat

Palomar Holdings, Inc. Reports Second Quarter 2019 Results

August 12, 2019 4:10 PM EDT

LA JOLLA, Calif., Aug. 12, 2019 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or the Company) reported net income of $6.7 million, or $0.30 per diluted share, for the second quarter of 2019 compared to net income of $6.9 million, or $0.41 per diluted share, for the second quarter of 2018.

Adjusted net income(1) was $8.0 million, or $0.36 per diluted share, for the second quarter of 2019 as compared to $6.9 million, or $0.41 per diluted share, for the second quarter of 2018. Adjusted net income for the second quarter of 2019 excludes certain expenses related to the Companys initial public offering (IPO), tax... More