MBI Q1 2024 Earnings — MBIA Inc. Revenue & Financial Results | Market Cap Arena

MBIMBIA Inc.

$320M

Q1 2024 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$13M+550.0% YoY

Gross Profit

-$6M-46.2% margin

Operating Income

-$87M-669.2% margin

Net Income

-$86M-661.5% margin

EPS (Diluted)

$-1.84

QoQ Revenue Growth

+141.9%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$30M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$4.2B

Stockholders' Equity

-$1.7B

Cash & Equivalents

$137M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$2M	+550.0%
Gross Profit	-$6M	-$6M	+0.0%
Operating Income	-$87M	-$83M	-4.8%
Net Income	-$86M	-$86M	+0.0%

Revenue Segments

Corporate Operations

$31M48%

U S Public Finance Insurance

$26M41%

International And Structured Finance Insurance

$7M11%