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0.00657561962569563 0.00657561962569563 0.00657561962569563 0.00657561962569563 0 0.0369246332827517 0.0369246332827517 0.0369246332827517
Stock impact report

Palomar Holdings, Inc. Reports First Quarter 2019 Results

Palomar Holdings, Inc. - Common stock (PLMR) 
Last palomar holdings, inc. - common stock earnings: 2/18 04:10 pm Check Earnings Report
Company Research Source: GlobeNewswire
LA JOLLA, Calif., May 16, 2019 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (‘Palomar’ or the ‘Company’) reported a net loss of $14.4 million, or ($0.85) per diluted share, for the first quarter of 2019 compared to net income of $5.6 million, or $0.33 per diluted share, for the first quarter of 2018. Adjusted net income(1) was $8.8 million, or $0.52 per diluted share, for the first quarter of 2019 as compared to $5.6 million, or $0.33 per diluted share, for the first quarter of 2018. Adjusted net income for the first quarter of 2019 excludes initial public offering (‘IPO’) and tax restructuring expenses of $0.3 million, net of tax, and a stock based compensation charge of $23.0 million.  First Quarter 2019 Highlights and comparison to the First Quarter of 2018 Gross written premium increased by 58.8% to $54.0 millionNet written premium increased by 37.8% to $27.9 millionNet loss of $14.4 million compared to net income of $5.6 million in the first quarter of 2018Adjust Show less Read more
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