Earnings Call Summary | MBIA(MBI.US) Q1 2024 Earnings Conference
Earnings Call Summary | MBIA(MBI.US) Q1 2024 Earnings Conference
The following is a summary of the MBIA Inc. (MBI) Q1 2024 Earnings Call Transcript:
以下是MBIA公司（MBI）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
MBIA Inc. reported a consolidated GAAP net loss of $86 million or a negative $1.84 per share for Q1 2024.
The adjusted net loss for Q1 2024 was $24 million or a negative $0.52 per share.
The company's book value decreased to a negative $33.80 per share, down from the previous quarter.
MBIA Inc.報告稱，2024年第一季度的合併公認會計准則淨虧損爲8,600萬美元，合每股虧損1.84美元。
2024年第一季度調整後的淨虧損爲2400萬美元，合每股虧損0.52美元。
該公司的賬面價值降至每股負33.80美元，低於上一季度。
Business Progress:
業務進展：
The company's remaining exposure to PREPA was significant, with rulings on debt restructuring yet to be delivered.
There was a decline in the gross par amount outstanding for National's insured portfolio to $27.8 billion at the end of Q1 2024, but total claims paying resources and statutory capital surplus remained consistent.
Debt retirement was undertaken which reduced euro exchange rate volatility and freed up cash for future liability repurchases.
該公司對PREPA的剩餘敞口巨大，債務重組裁決尚未作出。
截至2024年第一季度末，National保險投資組合的未償總票面金額下降至278億美元，但索賠支付資源總額和法定資本盈餘保持穩定。
債務退還減少了歐元匯率的波動，爲未來的負債回購騰出了現金。
More details: MBIA IR
更多詳情： AMBIA AIR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。