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Ambac Financial (NASDAQ: AMBC ) sinks 8.4% after turning in a worse-than-expected Q1 adjusted loss per share of 20 cents. More news on: Ambac Financial Group, Inc., Financial stocks news, Earnings news and commentary, Read more ...
Ambac Financial Group, Inc. (AMBC) Q1 2019 Earnings Conference Call May 10, 2019 8:30 a.m. ET Company Participants Lisa Kampf - IR Claude LeBlanc - President and CEO David Trick - EVP, CFO, and Treasurer Conference Call Participants Andrew Gadlin - Odeon Capital Group Der...
The following slide deck was published by Ambac Financial Group, Inc. in conjunction with their 2019 Q1 earnings Read more ...
Ambac Financial Group (NASDAQ: AMBC ): Q1 Non-GAAP EPS of -$0.20 misses by $0.04 ; GAAP EPS of -$0.94 misses by $0.23 . Revenue of $100.37M (-9.0% Y/Y) beats by $20.72M . Press Release More news on: Ambac Financial Group, Inc., Earnings news and commentary, Financial stocks news, ...
Significant de-risking during the quarter resulted in a 5.2% decline in insured net par exposure and a 6.5% decline in Adversely Classified and Watch List Credits Net Loss of $43.2 million or $0.94 per diluted share and Adjusted Loss (1) of $9.2 million or $0.20 per diluted share for ...
NEW YORK, April 22, 2019 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC), a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees, today announced that it will release first quarter 2019 earnings on May 9, 2019 following the c...
NEW YORK, March 20, 2019 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac"), a holding company whose subsidiaries provide financial guarantees, today announced that Ambac’s 2019 Annual Meeting of Stockholders will be held on Monday, June 3, 2019 at 1...
NEW YORK, March 19, 2019 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC), a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees, today announced that Claude LeBlanc, President and Chief Executive Officer, and David Trick, Ch...
Amac Financial Group ( AMBC +3.1% ) is coordinating with other municipal bond insurers to maximize recoveries of about 80% of its remaining exposure to Puerto Rico debt, BTIG analyst Mark Palmer wrote in a note following Ambac's earnings call. More news on: Ambac Financial, Financ...
Ambac Financial (AMBC) Q4 2018 Results Earnings Conference Call March 1, 2019, 08:30 AM ET Company Participants Lisa Kampf - Head of Investor Relations Claude LeBlanc - President and Chief Executive Officer David Trick - Executive Vice President, Chief Financial Officer and Treas...
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Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or "AFG"), a financial services holding company, through its wholly-owned insurance distribution division, Cirrata Group, is partnering with industry veteran Penny Parisoff to establish a new managing general agency that will serve the h...
Xchange Benefits LLC, a managing general underwriter owned by Ambac Financial Group, Inc. (NYSE: AMBC), today announced it has signed a program manager agreement with Markel Service, Incorporated. Under the agreement, Xchange will underwrite medical stop loss coverage on behalf of an in...
Significant Progress in Strategic Initiatives Net income of $2 million and adjusted earnings of $14 million, including the impact of previously announced developments related to RMBS litigation and Puerto Rico Specialty P&C insurance production totaled $69 million,...