Radian Group (RDN) Misses Q1 EPS by 4c, Revenues Beat

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Go back to Radian Group (RDN) Misses Q1 EPS by 4c, Revenues Beat

 Radian Announces First Quarter 2020 Financial Results

May 6, 2020 5:15 PM EDT

-- GAAP net income of $140.5 million, or $0.70 per diluted share --

-- Adjusted diluted net operating income per share increases 10% year-over-year to $0.80 --

-- Book value per share grows 16% year-over-year to $20.30 --

-- PMIERs Available Assets increases to $4.1 billion, or $1.1 billion in excess of Minimum Required Assets --

PHILADELPHIA--(BUSINESS WIRE)-- Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2020, of $140.5 million, or $0.70 per diluted share. This compares to net income for the quarter ended March 31, 2019, of... More