Radian Group Inc Q4 Income Advances 112%

(RTTNews) - Radian Group Inc (RDN) released a profit for its fourth quarter that gained ground from last year.

The company said its bottom line rose to $124.1 million, or $0.34 per share. This was up from $58.4 million, or $0.17 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 6.8% to $274.9 million. This was down from $295.1 million last year.

Radian Group Inc earnings at a glance:

-Earnings (Q4): $124.1 Mln. vs. $58.4 Mln. last year. -Earnings Growth (Y-o-Y): 112.5% -EPS (Q4): $0.34 vs. $0.17 last year. -EPS Growth (Y-o-Y): 100% -Revenue (Q4): $274.9 Mln vs. $295.1 Mln last year. -Revenue Change (Y-o-Y): -6.8%