AGO Q1 2024 Earnings — Assured Guaranty Ltd. Revenue & Financial Results | Market Cap Arena

AGOAssured Guaranty Ltd.

$4B

Q1 2024 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$226M-1.7% YoY

Gross Profit

$221M97.8% margin

Operating Income

$144M63.7% margin

Net Income

$109M48.2% margin

EPS (Diluted)

$1.89

QoQ Revenue Growth

-19.9%

Cash Flow

Operating Cash Flow

-$74M

Free Cash Flow

-$74M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.2B

Total Liabilities

$6.5B

Stockholders' Equity

$5.6B

Cash & Equivalents

$115M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$226M	$230M	-1.7%
Gross Profit	$221M	$223M	-0.9%
Operating Income	$144M	$120M	+20.0%
Net Income	$109M	$81M	+34.6%

Revenue Segments

Insurance Segment

$229M100%

Asset Management Segment

$1M0%