AGO Q2 2024 Earnings — Assured Guaranty Ltd. Revenue & Financial Results | Market Cap Arena

AGOAssured Guaranty Ltd.

$4B

Q2 2024 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$194M-45.7% YoY

Gross Profit

$193M99.5% margin

Operating Income

$94M48.5% margin

Net Income

$78M40.2% margin

EPS (Diluted)

$1.42

QoQ Revenue Growth

-14.2%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$58M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.1B

Total Liabilities

$6.5B

Stockholders' Equity

$5.5B

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$194M	$357M	-45.7%
Gross Profit	$193M	$299M	-35.5%
Operating Income	$94M	$144M	-34.7%
Net Income	$78M	$125M	-37.6%

Revenue Segments

Insurance Segment

$189M96%

Asset Management Segment

$7M4%