Ambac (AMBC) Tops Q2 EPS by $1.04
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Wall St futures steady with focus on Mideast talks, US-China summit
- Activist Jana Partners calls for Six Flags sale - WSJ
- Oil holds near two-week lows while diesel cracks hit record peak
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
Ambac Reports Second Quarter 2022 Results
August 8, 2022 4:27 PM EDTGrowth in Specialty P&C Production and Material De-Risking of the Legacy Financial Guarantee Portfolio Advances Ambac's Strategic Priorities
Net income of $5 million and adjusted earnings of $13 million
Specialty P&C Insurance Platform production totaled $65 million, up 168% from second quarter of 2021
Legacy Financial Guarantee Watch List and Adversely Classified Credits insured net par reduced 11%
Repurchased $133 million of AAC debt and $14 million of AFG common stock
NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group, Inc. (NYSE:... More
