MBIA Inc. Q3 Loss Decreases

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.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com