Ambac: 3Q Earnings Snapshot
NEW YORK (AP) _ Ambac Financial Group Inc. (AMBC) on Wednesday reported a loss of $103.8 million in its third quarter.
On a per-share basis, the New York-based company said it had a loss of $2.27. Losses, adjusted for non-recurring costs, were $1.66 per share.
The bond insurer posted revenue of $134 million in the period.
Ambac shares have risen 31 percent since the beginning of the year. The stock has climbed 35 percent in the last 12 months.