Ambac (AMBC) Posts Q3 EPS of $3.77

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Go back to Ambac (AMBC) Posts Q3 EPS of $3.77

Ambac Announces Third Quarter 2015 Results

November 9, 2015 4:15 PM EST

Third Quarter 2015 Net Loss of $391.0 million 

Driven by $514.5 million Goodwill Impairment Charge

Third Quarter 2015 Operating Earnings of $170.5 million, or $3.77 per Diluted Share

Book Value per share of $30.10 andAdjusted Book Value per share of $17.81 at September 30, 2015

Insured Portfolio Decreased by 8% and Adversely Classified Credits Decreased by 4%

NEW YORK, Nov. 09, 2015 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac" or the Company), a holding company whose subsidiaries, including Ambac... More