MBI

MBIA Inc. Q3 Loss Decreases

(RTTNews) - MBIA Inc. (MBI) announced Loss for third quarter that decreased from last year

The company's earnings totaled -$56 million, or -$1.18 per share. This compares with -$185 million, or -$3.94 per share, in last year's third quarter.

The company's revenue for the quarter rose 262.5% to $29 million from $8 million last year.

MBIA Inc. earnings at a glance (GAAP) :

-Earnings (Q3): -$56 Mln. vs. -$185 Mln. last year. -EPS (Q3): -$1.18 vs. -$3.94 last year. -Revenue (Q3): $29 Mln vs. $8 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.