Ambac Announces Third Quarter 2018 Results

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Ambac (AMBC) Misses Q3 EPS

November 7, 2018 4:26 PM EST

Ambac (NASDAQ: AMBC) reported Q3 EPS of ($0.48), versus the analyst estimate of $0.30.

Including the impact of the Auction Market Preferred Shares ("AMPS") exchange, net loss attributable to common stockholders was $(103.8) million or $(2.27) per diluted share for the third quarter of 2018, compared to net income... More