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Stock impact report

Radian Announces First Quarter 2024 Financial Results [Yahoo! Finance]

Radian Group Inc. (RDN) 
Last radian group inc. earnings: 2/5 06:27 pm Check Earnings Report
US:NYSE Investor Relations: radian.biz/page?name=investors
Company Research Source: Yahoo! Finance
— Default rate declines to 2.1% with highest quarterly cure rate in more than 20 years — — Primary mortgage insurance in force growth of 4% year-over-year to an all-time high of $271 billion — — Total revenue growth of 3% year-over-year to $319 million — — Book value per share growth of 12% year-over-year to $29.30 — — C ompleted $625 million senior notes offering and redemption of $525 million senior notes in the quarter — WAYNE, Pa., May 01, 2024 BUSINESS WIRE )--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2024, of $152 million, or $0.98 per diluted share. This compares with net income for the quarter ended March 31, 2023, of $158 million, or $0.98 per diluted share. Adjusted pretax operating income for the quarter ended March 31, 2024, was $203 million, or $1.03 per diluted share. This compares with adjusted pretax operating income for the quarter ended March 31, 2023, of $200 million, or $0.98 per diluted share. Key Financ Show less Read more
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