HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Assured Guaranty Ltd. (AGO) on Thursday reported second-quarter net income of $103 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had profit of $2.09. Earnings, adjusted for non-recurring gains, were $1.01 per share.
The insurance holding company posted revenue of $281 million in the period. Its adjusted revenue was $199 million.
Assured Guaranty shares have decreased 6% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $84.44, a rise of 11% in the last 12 months.
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