Nmi holdings, inc. reports third quarter 2022 financial results

Emeryville, calif., nov. 01, 2022 (globe newswire) -- nmi holdings, inc. (nasdaq: nmih) today reported net income of $76.8 million, or $0.90 per diluted share, for the third quarter ended september 30, 2022, which compares to $75.4 million, or $0.86 per diluted share, in the second quarter ended june 30, 2022 and $60.2 million, or $0.69 per diluted share, in the third quarter ended september 30, 2021. adjusted net income for the quarter was $76.8 million, or $0.90 per diluted share, which compares to $74.3 million, or $0.86 per diluted share, in the second quarter ended june 30, 2022 and $61.8 million, or $0.71 per diluted share, in the third quarter ended september 30, 2021. the non-gaap financial measures adjusted net income, adjusted diluted earnings per share and adjusted return on equity are presented in this release to enhance the comparability of financial results between periods. see "use of non-gaap financial measures" and our reconciliation of such measures to their most comparable gaap measures, below.
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