Ambac (AMBC) Reports Q1 EPS of $5.27
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Ambac Announces First Quarter 2015 Results
May 11, 2015 4:15 PM EDTFirst Quarter 2015 Net Income of $214.7 million, or $4.57 per Diluted Share, Compared to $453.6 million, or $9.73 per Diluted Share, in the Fourth Quarter 2014
First Quarter 2015 Operating Earnings of $247.6 million, or $5.27 per Diluted Share, Compared to $476.6 million, or $10.22 per Diluted Share, in the Fourth Quarter 2014
Gross Loss Reserves Reduced by $300 million to $3.5 billion
Net Par Insured Declined $8 billion to $136.8 billion
NEW YORK, May 11, 2015 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac" or the... More
