Ambac Financial Group, Inc. (AMBC) Posts Q1 EPS of $3.31

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Ambac Announces First Quarter 2014 Results

May 12, 2014 4:10 PM EDT

NEW YORK, May 12, 2014 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac" or the "Company"), a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance"), provide financial guarantees and other financial services to clients in both the public and private sectors globally, today reported results for the three months ended March 31, 2014.

Ambac First Quarter 2014 Summary Results ($ in millions, except per share data)   Successor 1Q14 Predecessor 1Q13 Chg $ Net premiums earned  $ 82.5  $ 100.3  $ (17.8)... More