Palomar Holdings Inc. (PLMR) Tops Q1 EPS by 15c
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Palomar Holdings, Inc. Reports First Quarter 2021 Results
May 5, 2021 4:10 PM EDTLA JOLLA, Calif., May 05, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or Company) reported net income of $16.6 million, or $0.63 per diluted share, for the first quarter of 2021 as compared to $11.8 million, or $0.48 per diluted share, for the first quarter of 2020. Adjusted net income(1) was $19.3 million, or $0.73 per diluted share, for the first quarter of 2021 as compared to $12.3 million, or $0.50 per diluted share, for the first quarter of 2020.
First Quarter 2021 Highlights
Gross written premiums increased by 44.9% to $103.6 million compared to... More