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WAYNE, Pa. (AP) — WAYNE, Pa. (AP) — Radian Group Inc. (RDN) on Wednesday reported net income of $162.3 million in its fourth quarter.
The Wayne, Pennsylvania-based company said it had profit of $1.01 per share. Earnings, adjusted for investment costs, were $1.05 per share.
The mortgage insurer posted revenue of $314.7 million in the period. Its adjusted revenue was $292.4 million.
For the year, the company reported profit of $742.9 million, or $4.35 per share. Revenue was reported as $1.18 billion.
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