WAYNE, Pa. (AP) — WAYNE, Pa. (AP) — Radian Group Inc. (RDN) on Wednesday reported profit of $152.4 million in its first quarter.

On a per-share basis, the Wayne, Pennsylvania-based company said it had profit of 98 cents. Earnings, adjusted for non-recurring costs, came to $1.03 per share.

The mortgage insurer posted revenue of $319.4 million in the period. Its adjusted revenue was $306.3 million.

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