Palomar Holdings Inc. (PLMR) Tops Q2 EPS by 6c

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Palomar Holdings, Inc. Reports Second Quarter 2022 Results

August 3, 2022 4:15 PM EDT

LA JOLLA, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or Company) reported net income of $14.6 million, or $0.57 per diluted share, for the second quarter of 2022 compared to $12.3 million, or $0.47 per diluted share, for the second quarter of 2021. Adjusted net income(1) was $18.7 million, or $0.73 per diluted share, for the second quarter of 2022 as compared to $13.2 million, or $0.51 per diluted share, for the second quarter of 2021.

Second Quarter 2022 Highlights

Gross written premiums increased by 69.1% to $218.7... More