Radian Group (RDN) Tops Q4 EPS by 4c

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Radian Announces Fourth Quarter and Full Year 2018 Financial Results

February 8, 2019 6:30 AM EST

-- Fourth quarter GAAP net income of $139.8 million, or $0.64 per diluted share, and full year GAAP net income of $606.0 million, or $2.77 per diluted share --

-- Adjusted diluted net operating income per share for the fourth quarter of $0.70, an increase of 37% year-over-year, and for the full year of $2.69, an increase of 48% year-over-year --

-- Writes $56.5 billion in new MI business for 2018, sets company record for flow MI; MI in force increases 10% year-over-year to $221 billion and net MI premiums earned exceeds $1 billion --

-- Improves financial flexibility with... More