MGIC Investment Q1 Adjusted Net Income, Revenue Increase

MT Newswires Live

05/01

MGIC Investment (MTG) reported Q1 adjusted net income late Wednesday of $0.75 per diluted share, up from $0.65 a year earlier.

Analysts polled by FactSet expected $0.69.

Revenue for the quarter ended March 31 was $306.2 million, up from $294.4 million a year earlier.

Analysts surveyed by FactSet expected $305.8 million.

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