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MBIA | 10-Q: Q1 2024 Earnings Report

MBIA | 10-Q: Q1 2024 Earnings Report

MBIA | 10-Q:2024财年一季报
美股SEC公告 ·  05/09 16:24

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MBIA Inc. reported a net loss from continuing operations of $87 million for the first quarter of 2024, compared to a net loss of $83 million for the same period in 2023. The net loss attributable to MBIA Inc. was $86 million for Q1 2024, improving slightly from a net loss of $93 million in Q1 2023. Basic and diluted earnings per share for continuing operations were $(1.88) in 2024, compared to $(1.67) in 2023. The company's total revenues increased to $13 million in Q1 2024 from $2 million in Q1 2023, while total expenses rose to $100 million from $85 million. MBIA Inc.'s business developments included a restructuring support agreement with the Financial Oversight and Management Board for Puerto Rico regarding the Puerto Rico Electric Power Authority (PREPA), with National paying $16 million in gross claims for insured bonds. The company's future plans involve managing its U.S. public finance insurance portfolio through National, supporting its operating subsidiaries, and maximizing recoveries for MBIA Corp.'s policyholders and surplus note holders.
MBIA Inc. reported a net loss from continuing operations of $87 million for the first quarter of 2024, compared to a net loss of $83 million for the same period in 2023. The net loss attributable to MBIA Inc. was $86 million for Q1 2024, improving slightly from a net loss of $93 million in Q1 2023. Basic and diluted earnings per share for continuing operations were $(1.88) in 2024, compared to $(1.67) in 2023. The company's total revenues increased to $13 million in Q1 2024 from $2 million in Q1 2023, while total expenses rose to $100 million from $85 million. MBIA Inc.'s business developments included a restructuring support agreement with the Financial Oversight and Management Board for Puerto Rico regarding the Puerto Rico Electric Power Authority (PREPA), with National paying $16 million in gross claims for insured bonds. The company's future plans involve managing its U.S. public finance insurance portfolio through National, supporting its operating subsidiaries, and maximizing recoveries for MBIA Corp.'s policyholders and surplus note holders.
MBIA公司报告称,2024年第一季度持续经营的净亏损为8700万美元,去年同期为8300万美元。归属于MBIA的净亏损为8600万美元,略有改善,去年同期为9300万美元。2024年持续经营的基本和稀释每股收益为(1.88)美元,去年为(1.67)美元。公司总收入从2023年第一季度的200万美元增加到2024年第一季度的1300万美元,而总支出从8500万美元增加到10000万美元。MBIA公司的业务发展包括与波多黎各金融监督和管理委员会就波多黎各电力局(PREPA)达成了一项重组支持协议,全国支付了1600万美元的保险债券毛索赔。公司未来的计划是通过全国来管理其美国公共财政保险投资组合,支持其营运子公司,并最大程度地为MBIA Corp的保单持有人和剩余票据持有人实现收回。
MBIA公司报告称,2024年第一季度持续经营的净亏损为8700万美元,去年同期为8300万美元。归属于MBIA的净亏损为8600万美元,略有改善,去年同期为9300万美元。2024年持续经营的基本和稀释每股收益为(1.88)美元,去年为(1.67)美元。公司总收入从2023年第一季度的200万美元增加到2024年第一季度的1300万美元,而总支出从8500万美元增加到10000万美元。MBIA公司的业务发展包括与波多黎各金融监督和管理委员会就波多黎各电力局(PREPA)达成了一项重组支持协议,全国支付了1600万美元的保险债券毛索赔。公司未来的计划是通过全国来管理其美国公共财政保险投资组合,支持其营运子公司,并最大程度地为MBIA Corp的保单持有人和剩余票据持有人实现收回。
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