AGO Q2 2023 Earnings — Assured Guaranty Ltd. Revenue & Financial Results | Market Cap Arena

AGOAssured Guaranty Ltd.

$4B

Q2 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$357M+363.6% YoY

Gross Profit

$299M83.8% margin

Operating Income

$144M40.3% margin

Net Income

$125M35.0% margin

EPS (Diluted)

$2.08

QoQ Revenue Growth

+55.2%

Cash Flow

Operating Cash Flow

$124M

Free Cash Flow

$124M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16.9B

Total Liabilities

$11.4B

Stockholders' Equity

$5.3B

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$357M	$77M	+363.6%
Gross Profit	$299M	$85M	+251.8%
Operating Income	$144M	-$22M	+754.5%
Net Income	$125M	-$47M	+366.0%

Revenue Segments

Insurance Segment

$224M88%

Asset Management Segment

$30M12%