Ambac Reports Second Quarter 2020 Results

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Ambac (AMBC) Misses Q2 EPS by 16c

August 6, 2020 5:05 PM EDT

Ambac (NASDAQ: AMBC) reported Q2 EPS of ($0.77), $0.16 worse than the analyst estimate of ($0.61).

Claude LeBlanc, President and Chief Executive Officer, stated, Our results for the second quarter of 2020 reflect the continued strain on credit markets driven by the COVID pandemic, partially... More