MBIA: Q2 Earnings Snapshot
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PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — MBIA Inc. (MBI) on Wednesday reported a loss of $74 million in its second quarter.
On a per-share basis, the Purchase, New York-based company said it had a loss of $1.46. Losses, adjusted for one-time gains and costs, came to 45 cents per share.
The insurance and reinsurance company posted revenue of $28 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBI at https://www.zacks.com/ap/MBI
