AGO Q1 2023 Earnings — Assured Guaranty Ltd. Revenue & Financial Results | Market Cap Arena

AGOAssured Guaranty Ltd.

$4B

Q1 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$230M-17.9% YoY

Gross Profit

$223M97.0% margin

Operating Income

$120M52.2% margin

Net Income

$81M35.2% margin

EPS (Diluted)

$1.34

QoQ Revenue Growth

-24.6%

Cash Flow

Operating Cash Flow

$312M

Free Cash Flow

$312M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16.8B

Total Liabilities

$11.4B

Stockholders' Equity

$5.2B

Cash & Equivalents

$118M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$230M	$280M	-17.9%
Gross Profit	$223M	$219M	+1.8%
Operating Income	$120M	$93M	+29.0%
Net Income	$81M	$66M	+22.7%

Revenue Segments

Insurance Segment

$190M82%

Asset Management Segment

$41M18%