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James River Group: 1Q Earnings Snapshot

PEMBROKE, Bermuda (AP) _ James River Group Holdings Ltd. (JRVR) on Wednesday reported first-quarter net income of $22.7 million.

The Pembroke, Bermuda-based company said it had net income of 75 cents per share. Earnings, adjusted for non-recurring gains, came to 71 cents per share.

The insurance holding company posted revenue of $214.1 million in the period.

James River Group shares have risen 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $42.39, an increase of 17% in the last 12 months.

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