Palomar Holdings Inc. (PLMR) Tops Q1 EPS by 3c
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Palomar Holdings, Inc. Reports First Quarter 2022 Results
May 4, 2022 4:15 PM EDTLA JOLLA, Calif., May 04, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or Company) reported net income of $14.5 million, or $0.56 per diluted share, for the first quarter of 2022 compared to $16.6 million, or $0.63 per diluted share, for the first quarter of 2021. Adjusted net income(1) was $17.6 million, or $0.68 per diluted share, for the first quarter of 2022 compared to $19.3 million, or $0.73 per diluted share, for the first quarter of 2021.
First Quarter 2022 Highlights
Gross written premiums increased by 65.0% to $170.9 million... More