UPDATE: NMI Holdings (NMIH) Reports In-Line Q1 EPS
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NMI Holdings, Inc. Reports First Quarter 2016 Financial Results, Monthly Premium New Insurance Written Grows 23% Sequentially
April 26, 2016 4:00 PM EDTEMERYVILLE, CA -- (Marketwired) -- 04/26/16 --
NMI Holdings, Inc. (NASDAQ: NMIH) today reported results for the first quarter ended Mar. 31, 2016. In the first quarter, monthly premium new insurance written (NIW) was $2.5 billion, up 23% over $2.0 billion in the prior quarter and up 170% compared with the first quarter of 2015.
The company reported a net loss for the first quarter of $3.9 million, or $0.07 per share, which compares with a net loss of $4.8 million, or $0.08 per share, in the prior quarter and a net loss of $7.8 million, or $0.13 per share, in the... More
