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Radian Group Inc. reported a strong financial performance for the quarter ended June 30, 2021, with a net income of $155.2 million, or $0.80 per diluted share, compared to a net loss of $30.0 million in the same quarter last year. The company saw growth in book value per share, PMIERs excess Available Assets, and revenues in the homegenius segment.
GAAP net income of $155 million, or $0.80 per diluted share
Adjusted diluted net operating income of $0.75 per diluted share
Book value per share grows 11% year-over-year to $23.02
homegenius revenues grow 48% year-over-year to $33.5 million
This document does not contain forward guidance.
Visualization of income flow from segment revenue to net income