MGIC: Q2 Earnings Snapshot

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4:38 PM on Wednesday, August 2, 2023

The Associated Press

MILWAUKEE (AP) — MILWAUKEE (AP) — MGIC Investment Corp. (MTG) on Wednesday reported profit of $191.1 million in its second quarter.

On a per-share basis, the Milwaukee-based company said it had profit of 66 cents. Earnings, adjusted for investment costs, came to 68 cents per share.

The mortgage insurance company posted revenue of $290.7 million in the period. Its adjusted revenue was $295.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTG at https://www.zacks.com/ap/MTG

This content is used here with permission. To view the original visit: https://apnews.com/13e34f32b0f75a7745c66b6ea7616142
 

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