RADIAN GROUP INC
For the period ended Mar 31, 2025. Filed May 2, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 2, 2025
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Results of Operations—All Other
The following table summarizes our All Other results of operations for the periods indicated.
| Summary results of operations - All Other | |||
|---|---|---|---|
| Three Months EndedMarch 31, · ChangeFavorable(Unfavorable) | |||
| (In thousands) | 2025 | 2024 | 2025 vs. 2024 |
| Revenues | |||
| Net premiums earned | $2,635 | $1,858 | $777 |
| Services revenue | 12,033 | 12,493 | (460) |
| Net investment income | 20,123 | 19,647 | 476 |
| Net gains (losses) on investments and other financial instruments | 1,287 | 383 | 904 |
| Income (loss) on consolidated VIEs | 428 | — | 428 |
| Other income | (568) | 25 | (593) |
| Total revenues | 35,938 | 34,406 | 1,532 |
| Expenses | |||
| Provision for losses | (173) | (148) | 25 |
| Cost of services | 8,673 | 9,174 | 501 |
| Other operating expenses | 24,887 | 30,975 | 6,088 |
| Interest expense | 6,010 | 1,438 | (4,572) |
| Total expenses | 39,397 | 41,439 | 2,042 |
| Adjusted pretax operating income (loss) (1) | $(3,459) | $(7,033) | $3,574 |
(1)
Our senior management uses adjusted pretax operating income (loss) as our primary measure to evaluate the fundamental financial performance of each of our business segments. See Note 4 of Notes to Unaudited Condensed Consolidated Financial Statements.
Our All Other results include income (losses) from investments held at Radian Group and general corporate operating expenses not attributable or allocated to our reportable segment. All Other also includes the financial results of our immaterial operating segments, comprising our Mortgage Conduit, Title, Real Estate Services and Real Estate Technology businesses.
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