Earnings call transcript: MBIA Q2 2026 loss narrows as revenue tops estimates

MBIA Inc. reported a narrower adjusted net loss and higher-than-expected revenue in Q2 2026, though it still posted a net loss. The company's performance was largely driven by lower loss and loss adjustment expenses related to its PREPA exposure, which remains the central issue for MBIA. While the stock saw a muted market reaction, the company continues to manage legacy liabilities and litigation in Puerto Rico.