Palomar Holdings Inc. (PLMR) Tops Q1 EPS by 9c

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Palomar Holdings, Inc. Reports First Quarter 2020 Results

May 5, 2020 4:11 PM EDT

LA JOLLA, Calif., May 05, 2020 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or the Company) reported net income of $11.8 million, or $0.48 per diluted share, for the first quarter of 2020 compared to a net loss of $14.4 million, or $(0.85) per diluted share, for the first quarter of 2019. Adjusted net income(1) was $12.3 million, or $0.50 per diluted share, for the first quarter of 2020 as compared to $8.8 million, or $0.52 per diluted share, for the first quarter of 2019.

First Quarter 2020 Highlights

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