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MBIA Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was USD 7 million compared to USD 154 million a year ago. Net loss was USD 491 million compared to USD 195 million a year ago. Basic loss per share from continuing operations was USD 10.03 compared to USD 3 a year ago. Diluted loss per share from continuing operations was USD 10.03 compared to USD 3 a year ago. Basic loss per share was USD 10.18 compared to USD 3.92 a year ago. Diluted loss per share was USD 10.18 compared to USD 3.92 a year ago.
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | -13 | -19 | 19 | 18 |
Operating Income | -66 | -159 | -34 | -16 |
Net Income | -138 | -185 | -74 | -93 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 2606 | 2990 | 3257 | 3317 |
Total Liabilities | 4253 | 4218 | 4245 | 4216 |
Total Equity | -1647 | -1228 | -988 | -899 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -2 | -42 | -36 | |
Cash From Investing Activities | 460 | 243 | 71 | |
Cash From Financing Activities | -425 | -68 | -20 | |
Net Change in Cash | 33 | 133 | 15 |
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