MBI Q3 2024 Earnings — MBIA Inc. Revenue & Financial Results | Market Cap Arena

MBIMBIA Inc.

$320M

Q3 2024 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$29M+262.5% YoY

Gross Profit

$17M58.6% margin

Operating Income

-$51M-175.9% margin

Net Income

-$56M-193.1% margin

EPS (Diluted)

$-1.17

QoQ Revenue Growth

+178.4%

Cash Flow

Operating Cash Flow

-$139M

Free Cash Flow

-$139M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$4.2B

Stockholders' Equity

-$2.0B

Cash & Equivalents

$74M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$8M	+262.5%
Gross Profit	$17M	-$116M	+114.7%
Operating Income	-$51M	-$185M	+72.4%
Net Income	-$56M	-$185M	+69.7%

Revenue Segments

U S Public Finance Insurance

$27M54%

Corporate Operations

$12M24%

International And Structured Finance Insurance

$11M22%