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MGIC Investment Corporation Schedules 2nd Quarter 2021 Earnings Call and Releases Monthly Operating Statistics

MGIC Investment Corporation Reports First Quarter 2021 Results


MGIC Investment Corporation Reports First Quarter 2021 Results
First Quarter 2021 Net Income of $150.0 million or $0.43 per Diluted Share
First Quarter 2021 Adjusted Net Operating Income (Non-GAAP) of $148.0 million or $0.42 per Diluted Share
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MILWAUKEE, May 5, 2021 /PRNewswire/ MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2021. Net income for the quarter was $150.0 million, or $0.43 per diluted share, compared with net income of $149.8 million, or $0.42 per diluted share, for the first quarter of 2020.
Adjusted net operating income for the first quarter of 2021 was $148.0  million, or $0.42 per diluted share, compared with $147.5 million, or $0.42 per diluted share, for the first quarter of 2020. We present the non-GAAP financial measure Adjusted net operating income to increase the comparability between periods of our financia ....

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