MGIC Investment Q3 net loss up

MGIC Investment Corporation, a provider of mortgage insurance, has reported a net loss of $246.94 million, or $1.22 loss per diluted share, for the third quarter ended September 30, 2012, compared to a net loss of $165.20 million, or $0.82 loss per diluted share, for the same quarter ended September 30, 2011.

Total revenues for the third quarter ended September 30, 2012 were $306.22 million, compared to $337.17 million for the same quarter ended September 30, 2011.

Net loss for the nine months ended September 30, 2012 was $540.39 million, or $2.68 loss per diluted share, compared to a net loss of $350.60 million, or $1.74 loss per diluted share, for the same period ended September 30, 2011.

Total revenues for the nine months ended September 30, 2012 were $1.01 billion, compared to $1.06 billion for the same period ended September 30, 2011.