AGOAssured Guaranty Ltd.

$4B

Q1 2017 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$459M+102.2% YoY

Gross Profit

$396M86.3% margin

Operating Income

$372M81.0% margin

Net Income

$317M69.1% margin

EPS (Diluted)

$2.49

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$102M

Free Cash Flow

$102M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.7B

Total Liabilities

$8.0B

Stockholders' Equity

$6.6B

Cash & Equivalents

$147M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$459M	$227M	+102.2%
Gross Profit	$396M	$133M	+197.7%
Operating Income	$372M	$65M	+472.3%
Net Income	$317M	$59M	+437.3%

Revenue Segments

Financial Guarantee Insurance Product Line

$3.7B100%

AGO Q1 2017 Earnings — Assured Guaranty Ltd. Revenue & Financial Results | Market Cap Arena