MBI Q2 2024 Earnings — MBIA Inc. Revenue & Financial Results | Market Cap Arena

MBIMBIA Inc.

$320M

Q2 2024 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

-$37M-232.1% YoY

Gross Profit

-$180M486.5% margin

Operating Income

-$253M683.8% margin

Net Income

-$255M689.2% margin

EPS (Diluted)

$-5.35

QoQ Revenue Growth

-384.6%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$10M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$4.3B

Stockholders' Equity

-$2.0B

Cash & Equivalents

$197M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	-$37M	$28M	-232.1%
Gross Profit	-$180M	-$1M	-17900.0%
Operating Income	-$253M	-$78M	-224.4%
Net Income	-$255M	-$75M	-240.0%

Revenue Segments

Corporate Operations

$27M47%

U S Public Finance Insurance

$23M40%

International And Structured Finance Insurance

$8M14%