Radian Posts 5.6% Rise in 2Q Profit Despite Fall in Revenue

Curran, Bill
July 2006
Bond Buyer;7/21/2006, Vol. 357 Issue 32428, p6
Trade Publication
The article reports that the second-quarter profit at Radian Group Inc. has increased by 5.6% even as revenue declined by 1.8%, according to a financial report by the company. The company's net income for the quarter increased to $148.1 million, compared to $140.2 million for the same period in the previous year. Quarterly revenue decreased to $304.6 million. Radian also noted progress in its financial guaranty business, which includes municipal bond insurer Radian Asset Assurance Inc.


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