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AMBC - Ambac Financial Group Non-GAAP EPS of $0.30 revenue of $119M
Ambac Financial Group Inc.
Ambac Financial Group press release (NYSE:AMBC): Q1 Non-GAAP EPS of $0.30. Revenue of $119M (-7.8% Y/Y). During the first quarter of 2022, net premiums earned of $15 million were up just over 3% compared to the first quarter of 2021. Book value per share decreased $2.77 to $19.65 and adjusted book value per share decreased $0.81 to $18.07 from December 31, 2021, to March 31, 2022.