MBIA (NYSE:MBI) reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $(0.13) by 23.08 percent. This is a 69.23 percent increase over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $14.00 million which beat the analyst consensus estimate of $6.00 million by 133.33 percent. This is a 7.69 percent increase over sales of $13.00 million the same period last year.