MBI Q1 2023 Earnings — MBIA Inc. Revenue & Financial Results | Market Cap Arena

MBIMBIA Inc.

$320M

Q1 2023 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$2M-95.0% YoY

Gross Profit

-$6M-300.0% margin

Operating Income

-$83M-4150.0% margin

Net Income

-$86M-4300.0% margin

EPS (Diluted)

$-1.86

QoQ Revenue Growth

-96.5%

Cash Flow

Operating Cash Flow

-$36M

Free Cash Flow

-$36M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$4.2B

Stockholders' Equity

-$912M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$40M	-95.0%
Gross Profit	-$6M	-$11M	+45.5%
Operating Income	-$83M	-$73M	-13.7%
Net Income	-$86M	-$73M	-17.8%

Revenue Segments

U S Public Finance Insurance

$31M82%

Corporate Operations

$7M18%