Palomar Holdings (PLMR) PT Raised to $99 at Evercore ISI
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Palomar Holdings, Inc. Reports Second Quarter 2024 Results
August 5, 2024 4:10 PM EDTLA JOLLA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or Company) reported net income of $25.7 million, or $1.00 per diluted share, for the second quarter of 2024 compared to net income of $17.6 million, or $0.69 per diluted share, for the second quarter of 2023. Adjusted net income(1) was $32.0 million, or $1.25 per diluted share, for the second quarter of 2024 as compared to $21.8 million, or $0.86 per diluted share, for the second quarter of 2023.
Second Quarter 2024 Highlights
Gross written premiums increased by 40.4% to $385.2 million compared to $274.3 million in the second quarter... More