Palomar Holdings Inc. (PLMR) Tops Q4 EPS by 17c
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Palomar Holdings, Inc. Reports Fourth Quarter & Full Year 2023 Results
February 14, 2024 4:15 PM ESTLA JOLLA, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or Company) reported net income of $25.9 million, or $1.02 per diluted share, for the fourth quarter of 2023 compared to net income of $18.8 million, or $0.73 per diluted share, for the fourth quarter of 2022. Adjusted net income(1) was $28.0 million, or $1.11 per diluted share, for the fourth quarter of 2023 as compared to $21.1 million, or $0.82 per diluted share, for the fourth quarter of 2022.Â
Fourth Quarter 2023 Highlights
Gross written premiums increased by 26.8% to $303.2 million compared to $239.1 million in the fourth quarter of 2022Net... More