NMI Holdings posts 2Q profit

EMERYVILLE, Calif. (AP) _ NMI Holdings Inc. (NMIH) on Tuesday reported second-quarter earnings of $6 million.

On a per-share basis, the Emeryville, California-based company said it had profit of 10 cents.

The mortgage insurance company posted revenue of $42.2 million in the period.

NMI Holdings shares have risen 11 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.80, an increase of 92 percent in the last 12 months.

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

Keywords: NMI Holdings, Earnings Report