MBIA: Q3 Earnings Snapshot
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PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — MBIA Inc. (MBI) on Thursday reported a loss of $185 million in its third quarter.
The Purchase, New York-based company said it had a loss of $3.94 per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, were $2.92 per share.
The insurance and reinsurance company posted revenue of $8 million in the period. Its adjusted revenue was $36 million.
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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
