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XL Group plc (NYSE:XL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income increased to $81.4 million (27 cents per diluted share) in the quarter versus a net loss of $515.54 million in the year-earlier quarter. Revenue rose 10.66% to $1.91 billion from the year-earlier quarter.
XL Group plc reported adjusted net income of 27 cents per share. It beat the average revenue estimate of $1.45 billion.
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