EMERYVILLE, Calif. (AP) 鈥� EMERYVILLE, Calif. (AP) 鈥� NMI Holdings Inc. (NMIH) on Thursday reported first-quarter profit of $99.3 million.
The Emeryville, California-based company said it had net income of $1.28 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.
The mortgage insurance company posted revenue of $183.5 million in the period.
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