Radian posts $65M net income in 3Q after Clayton, other charges

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Radian Group Inc.’s (RDN) first-quarter 2017 operating income of 37 cents per share missed the Zacks Consensus Estimate by 14%. Earnings were flat year over year.

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Arch posts 6m net income, beats estimates. barred her from working for competitors for at least a year after leaving the company. Radian said it learned Bolen had signed on with Arch on. >> The Federal Home Loan Bank of Seattle reported third-quarter income of about $10 million after losing $144.3 million a year earlier and another $93.8 million in the second quarter.

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Address: 3264 Larimer Street, Suite D, Denver, CO 80205 | Email: admin@radianinc.org

The company reported a net income of $203 million or $0.94 per diluted share in the first quarter of 2014, up from $36.4 million last quarter. The good news didn’t stop there for Radian. The company also announced the acquisition of Clayton Holdings, a due diligence firm. Radian will pay $305 million in cash to purchase the company.

Radian Group has a market capitalization of $5.01 billion and generates $1.27 billion in revenue each year. The insurance provider earns $606.01 million in net income (profit) each year or $2.69 on an earnings per share basis. Radian Group employs 1,942 workers across the globe.View Additional Information About Radian Group.

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Radian posts $65M net income in 3Q after Clayton, other charges The 3Q results made for a 9M 2009 Net Income of $69.5 million, down 42% on the same period 2008, with 9M OIBDA down 18% to $428.1 million, on a 15% year on year drop in revenues to $1.073 billion. The postings showed the impact of the depreciation of the Rouble against the U.S.

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Adjusted pretax operating income (loss) is defined as pretax income (loss) from continuing operations excluding the effects of net gains (losses) on investments and other financial instruments.

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