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

Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended March 31, 2018, of $114.5 million, or $0.52 per diluted share. This compares to net income for the quarter ended March 31, 2017, of $76.5 million, or $0.34 per diluted share. Key Financial Highlights (dollars in millions, except per-share data)

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Arch posts $126m 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. It said lower credit-related charges recorded on private-label mortgage-backed securities helped boost third-quarter earnings.

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After each layoff, the workload increased for those remaining, minimum quotas were raised to impossible levels, while trying to maintain good quality reviews (nearly impossible to do both). The new senior management is cutting staff in the short-term, but it won’t be prepared when the volume increases again.

Among other things, the update requires: (i) equity investments to be measured at fair value with changes in fair value recognized in net income; (ii) the use of the exit price notion when.

The bottom line is down 26% year-on-year, with OIBDA down 22% to $152.4 million, on the back of an 11% fall in revenues to $375.1 million. 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.

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The net loss in the second quarter of 2017 was attributable to after-tax, non-cash impairment charges of $130.9 million associated with an impairment of goodwill and other intangible assets related to its Services segment.. Radian Group Inc. and Subsidiaries. net income (loss) Per Share Trend.

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