AMBC earnings
Ambac Financial Group Inc. (AMBC) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Ambac Reports Third Quarter 2025 ResultsTotal P&C premium production increased 32% for the quarter to $343 million Insurance Distribution Segment Total revenue grew to $43 million for the quarter, an increase of 80% Organic revenue growth equaled 40.0% Net loss to Shareholders of $(5) million for the quarter Adjusted EBITDA of $10 million for the quarter, up 272% Adjusted EBITDA to Shareholders of $6 million for the quarter, up 183% Specialty P&C Insurance ("Everspan") Gross and net premiums written of $97 million and $18 million were down 16% and 46%, respectively Net loss to Shareholders was $0.1 million AFG completed the repurchase of 3.1 million shares during October at an average price of $
- Ambac to Release Third Quarter 2025 Results on November 10, 2025Conference Call Scheduled for November 11, 2025 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, today announced that it will release third quarter 2025 results on November 10, 2025, following the close of the market. Conference Call On November 11, 2025, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss third quarter 2025 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 or (201
- Ambac Financial Group to Acquire Leading Supplemental Health Program Manager ArmadaCareAcquisition follows closing of sale of Ambac's legacy financial guarantee businesses and completion of Ambac's transformation into a pure-play MGA and specialty insurance platform Addition of leading supplemental health insurance program manager significantly strengthens Ambac's market position, propels growth trajectory, and accelerates specialty insurance distribution strategy Transaction expected to be accretive to Ambac shareholders in 2026 Ambac to hold investor call at 8:30am ET to provide an update on its strategic plan and go-forward priorities Ambac Financial Group, Inc. ("Ambac") (NYSE: AMBC), an insurance holding company, today announced it has entered into a definitive a
- Ambac Reports Second Quarter 2025 ResultsTotal revenue from continuing operations increased 8% for the quarter to $55 million Total P&C premium production increased 110% for the quarter to $346 million Wisconsin OCI recommends approval for the sale of AAC and sets hearing date for September 3rd, 2025 Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), an insurance holding company, today reported its results for the Second Quarter 2025. Second Quarter 2025 vs. Second Quarter 2024 Segment Highlights Insurance Distribution ("Cirrata") Total revenue grew to $33 million for the quarter, an increase of 148% Net loss to Shareholders of $(8) million for the quarter Adjusted EBITDA of $5 million for the quart
- Ambac to Release Second Quarter 2025 Results on August 7, 2025Conference Call Scheduled for August 8, 2025 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, today announced that it will release second quarter 2025 results on August 7, 2025, following the close of the market. Conference Call On August 8, 2025, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss second quarter 2025 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) o
- Ambac Reports First Quarter 2025 ResultsTotal revenue from continuing P&C operations increased 27% for the quarter to $63 million Total P&C premium production increased 70% for the quarter to $318 million Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), an insurance holding company, today reported its results for the First Quarter 2025. First Quarter 2025 vs. First Quarter 2024 Segment Highlights Insurance Distribution ("Cirrata") Total revenue grew to $41 million for the quarter, an increase of 129% Net loss to Shareholders of $(2) million for the quarter, down 145%, with a (4.3)% margin vs. 21.2% Adjusted EBITDA of $12 million for the quarter, up 136%, with a 29.5% margin vs. 28.7% Adjusted EBITDA to
- Ambac to Release First Quarter 2025 Results on May 12, 2025Conference Call Scheduled for May 13, 2025 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, today announced that it will release first quarter 2025 results on May 12, 2025, following the close of the market. Conference Call On May 13, 2025, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss first quarter 2025 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) or (201) 493
- Ambac Reports Fourth Quarter and Full Year 2024 ResultsTotal revenue from continuing operations increased 89% for the year to $236 million Total Specialty P&C Insurance premium increased 74% for the year to $876 million Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), an insurance holding company, today reported its results for the Fourth Quarter 2024. Fourth Quarter 2024 and Full Year Highlights Strategic Business Transition: Ambac advanced its strategic transformation by entering the final stages of the sale of its Legacy Financial Guarantee business, a pivotal move positioning the company for long-term growth. This resulted in a loss on disposal of $(570) million in the quarter, resulting from our adoption of the
- Ambac to Release Fourth Quarter 2024 Results on February 26, 2025Conference Call Scheduled for February 27, 2025 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, will release fourth quarter 2024 results on February 26, 2025, following the close of the market. Conference Call On February 27, 2025, at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss fourth quarter 2024 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) or (201) 493-6779 (
- Ambac Reports Third Quarter 2024 Results and Approval of a $50 Million Stock Repurchase ProgramAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights Net loss of $(28) million or $(0.63) per diluted share and Adjusted net loss of $(19) million or $(0.46) per diluted share driven by approximately $20 million of transaction costs and acquisition related short-term interest expense Total P&C Premium Production of $260 million, increased 86% from the third quarter of 2023 Insurance Distribution ("Cirrata") generated total revenue of $24 million up 64.0% over last year Specialty P&C Insurance ("Everspan") combined ratio improved by 600
- Ambac to Release Third Quarter 2024 Results on November 12, 2024Conference Call Scheduled for November 13, 2024 Ambac Financial Group, Inc. (NYSE:AMBC), an insurance holding company, today announced that it will release third quarter 2024 results on November 12, 2024, following the close of the market. Conference Call On November 13, 2024, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss third quarter 2024 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic
- Ambac Reports Second Quarter 2024 ResultsCloses the acquisition of Beat Capital Partners Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights Net loss under $(1) million or $(0.02) per diluted share and Adjusted net income of $8 million or $0.18 per diluted share Insurance Distribution ("Cirrata") generated net income of $1 million and EBITDA of $2 million on $53 million of premiums placed Specialty P&C Insurance ("Everspan") produced Gross Premium Written of $111 million up 109% from second quarter of 2023 Total P&C Premium Production of $165 million, an increase of 75% from t
- Ambac to Release Second Quarter 2024 Results on August 5, 2024Conference Call Scheduled for August 6, 2024 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release second quarter 2024 results on August 5, 2024, following the close of the market. Conference Call On August 6, 2024, at 8:00 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss second quarter 2024 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Dom
- Ambac Financial Group, Inc. to Sell Legacy Financial Guarantee Business to Funds Managed by Oaktree Capital Management, L.P.Ambac Financial Group, Inc. ("Ambac") (NYSE:AMBC), an insurance holding company, yesterday signed a definitive agreement to sell its legacy financial guarantee businesses, Ambac Assurance Corporation ("AAC") and Ambac UK ("AUK"), to funds managed by Oaktree Capital Management, L.P. ("Oaktree") for $420 million in cash. Additionally, Oaktree will receive warrants to acquire up to 9.9% of Ambac common stock at a strike price of $18.50. "Three years ago, we announced our vision and strategy to transform Ambac into a specialty property and casualty insurance platform," Ambac President and Chief Executive Officer Claude LeBlanc said. "The sale of our legacy financial guarantee business is the
- Ambac Financial Group, Inc. to Acquire Majority Stake in Beat Capital PartnersAcquisition of UK Underwriting Franchise and MGA Platform Strengthens Ambac's Position as a Leading Specialty Program Insurance Platform Ambac Financial Group, Inc. ("Ambac") (NYSE:AMBC), an insurance holding company, has signed a definitive agreement to acquire a 60% controlling stake in Beat Capital Partners Limited ("Beat"), a London-based insurance underwriting and managing general agency (MGA) incubation platform, for approximately $282 million, up to $40 million of which will be paid in shares of Ambac common stock. The remainder will be paid in cash and is subject to closing adjustments. The transaction is expected to close in the third quarter of 2024, subject to regulatory approv
- Ambac Reports First Quarter 2024 ResultsAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Net income of $20 million or $0.43 per diluted share and Adjusted net income of $38 million or $0.82 per diluted share Legacy Financial Guarantee segment generated net income of $20 million Specialty P&C Insurance ("Everspan") produced a 98.4% combined ratio compared to 121.9% in the first quarter of 2023 Insurance Distribution ("Cirrata") generated net income of $3 million and EBITDA of $5 million on $90 million of premiums placed Total P&C Premium Production of $187 million, an incr
- Ambac to Release First Quarter 2024 Results on May 6, 2024Conference Call Scheduled for May 7, 2024 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release first quarter 2024 results on May 6, 2024, following the close of the market. Conference Call On May 7, 2024, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss first quarter 2024 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 300-8521 (Domestic) or (41
- Ambac Reports Fourth Quarter 2023 ResultsAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the fourth quarter and year ended December 31, 2023. Net loss of $(16) million or $(0.24) per diluted share and Adjusted net income of $10 million or $0.32 per diluted share in the fourth quarter of 2023 Legacy Financial Guarantee segment generated net loss of $(12) million in fourth quarter of 2023 Specialty P&C Insurance ("Everspan") produced its second consecutive quarterly pre-tax profit and wrote gross premium of $91 million, up 76% from the fourth quarter of 2022 Insurance Distribution ("Cirrata") premiums placed of $50 million, up 31% from the f
- Ambac to Release Fourth Quarter 2023 Results on February 27, 2024Conference Call Scheduled for February 28, 2024 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, will release fourth quarter 2023 results on February 27, 2024, following the close of the market. Conference Call On February 28, 2024, at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss fourth quarter 2023 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) or (201) 493-
- Ambac Reports Third Quarter 2023 ResultsAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the third quarter ended September 30, 2023. Net income of $66 million or $1.41 per diluted share and Adjusted net income of $94 million or $2.00 per diluted share Legacy Financial Guarantee segment generated net income of $66 million in third quarter of 2023 Specialty P&C Insurance ("Everspan") wrote gross premium of $77 million, up 160% from the third quarter of 2022 and produced its first quarterly pre-tax profit Insurance Distribution ("Cirrata") premiums placed of $62 million, up 119% from the third quarter of 2022 Book Value per share of $28.00
- Ambac to Release Third Quarter 2023 Results on November 7, 2023Conference Call Scheduled for November 8, 2023 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release third quarter 2023 results on November 7, 2023, following the close of the market. Conference Call On November 8, 2023, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss third quarter 2023 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716
- Ambac Reports Second Quarter 2023 ResultsAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the second quarter ended June 30, 2023. Net loss of $(13) million or $(0.29) per diluted share and Adjusted net income of $3 million or $0.07 per diluted share Specialty P&C Insurance ("Everspan") gross written premium of $53 million, up 30% from the second quarter of 2022 Insurance Distribution ("Cirrata") premiums placed of $41 million, up 71% from the second quarter of 2022 Legacy Financial Guarantee Net Par Outstanding ("NPO") reduced 9.3%; Watch List and Adversely Classified Credits ("WLACC") reduced 19.6% Book Value per share of $27.59 was rel
- Ambac to Release Second Quarter 2023 Results on August 7, 2023Conference Call Scheduled for August 8, 2023 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release second quarter 2023 results on August 7, 2023, following the close of the market. Conference Call On August 8, 2023, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss second quarter 2023 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Dom
- Ambac Reports First Quarter 2023 ResultsAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the quarter ended March 31, 2023. Net loss of $(33) million or $(0.73) per diluted share and Adjusted net loss of $(14) million or $(0.30) per diluted share Specialty P&C Insurance ("Everspan") gross written premium of $52 million, up 116% from the first quarter of 2022 Insurance Distribution ("Cirrata") premiums placed of $77 million, up 72% from the first quarter of 2022 Book Value per share of $27.66 and Adjusted Book Value per share of $27.89 were largely in line with the prior quarter down 1% and 1%, respectively Claude LeBlanc, President and C
- Ambac to Release First Quarter 2023 Results on May 9, 2023Conference Call Scheduled for May 10, 2023 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release first quarter 2023 results on May 9, 2023, following the close of the market. Conference Call On May 10, 2023, at 8:30 a.m. (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss first quarter 2023 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) or
- Ambac Reports Fourth Quarter 2022 ResultsNet income of $175 million ($3.86 per diluted share) and adjusted earnings of $190 million ($4.18 per diluted share) Reduced debt and accrued interest by $1.8 billion $121 million net gain related to RMBS representation and warranty litigation settlements Specialty P&C Insurance premium production of $90 million, up 172% from fourth quarter of 2021 Book Value ($27.85 per share) and Adjusted Book Value ($28.29 per share) up 24% and 22%, respectively, from the prior quarter Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported net income attributable to common stockholders of $175 million or $3.86(1) per diluted share and adjuste
- Ambac to Release Fourth Quarter 2022 Results on February 28, 2023Conference Call Scheduled for March 1, 2023 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, will release fourth quarter 2022 results on February 28, 2023, following the close of the market. Conference Call On March 1, 2023, at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss fourth quarter 2022 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) or (201) 493-6779 (Inte
- Ambac Reports Third Quarter 2022 ResultsNet income of $340 million and adjusted earnings of $338 million $319 million gain from $1.84 billion legacy RMBS representation and warranty litigation settlement Specialty P&C Insurance Platform production of $58 million, up 76% from third quarter of 2021 Book Value and Adjusted Book Value per Share up 29% and 34%, respectively, from the prior quarter Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported net income attributable to common stockholders of $340 million or $7.41(1) per diluted share and adjusted earnings(2) of $338 million or $7.37(1) per diluted share for the quarter ended September 30, 2022. This compares to net
- Ambac to Release Third Quarter 2022 Results on November 8, 2022Conference Call Scheduled for November 9, 2022 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release third quarter 2022 results on November 8, 2022 following the close of the market. Conference Call On November 9, 2022 at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss third quarter 2022 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic
- Ambac Reports Second Quarter 2022 ResultsGrowth 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 Ambac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported net income attributable to common stockholders of $5 million or $0.11(1) per diluted share and adjusted e
- Ambac to Release Second Quarter 2022 Results on August 8, 2022Conference Call Scheduled for August 9, 2022 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release second quarter 2022 results on August 8, 2022 following the close of the market. Conference Call On August 9, 2022 at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss second quarter 2022 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) o
- Ambac to Release First Quarter 2022 Results on May 10, 2022Conference Call Scheduled for May 11, 2022 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release first quarter 2022 results on May 10, 2022 following the close of the market. Conference Call On May 11, 2022 at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss first quarter 2022 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) or (201)
- Ambac Reports Fourth Quarter 2021 ResultsAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported a net loss attributable to common stockholders of $22 million or $0.42(1) per diluted share and an adjusted loss(2) of $10 million or $0.16 per diluted share for the quarter ended December 31, 2021. This compares to net income attributable to common stockholders of $17 million or $0.35 per diluted share and adjusted earnings of $25 million or $0.53 per diluted share in the third quarter of 2021. Book value per share decreased $0.49 to $22.42 and adjusted book value per share(2) decreased $0.17 to $18.88 from September 30, 2021, to December 31, 2021. Results for the fourth quarte
- Ambac to Release Fourth Quarter 2021 Results on February 24, 2022Conference Call Scheduled for February 25, 2022 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release fourth quarter 2021 results on February 24, 2022 following the close of the market. Conference Call On February 25, 2022 at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss fourth quarter 2021 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Dom
- Ambac Reports Third Quarter 2021 ResultsAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported net income attributable to common stockholders of $17 million or $0.35(1) per diluted share and adjusted income(2) of $25 million or $0.53 per diluted share for the quarter ended September 30, 2021. This compares to a net loss attributable to common stockholders of $29 million or $0.63 per diluted share and an adjusted loss of $13 million or $0.30 per diluted share in the second quarter of 2021. Book value per share decreased $0.10 to $22.91 and adjusted book value per share(2) decreased $0.20 to $19.05 from June 30, 2021, to September 30, 2021. Results for the third quarter, as
- Ambac to Release Third Quarter 2021 Results on November 8, 2021Conference Call Scheduled for November 9, 2021 Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company, today announced that it will release third quarter 2021 results on November 8, 2021 following the close of the market. Conference Call On November 9, 2021 at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss third quarter 2021 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Ambac's website, www.ambac.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic
- Ambac Reports Second Quarter 2021 ResultsAmbac Financial Group, Inc. (NYSE:AMBC) ("Ambac" or "AFG")), a financial services holding company, today reported a net loss attributable to common stockholders of $29 million or $0.63(1) per diluted share and adjusted loss(2) of $13 million or $0.30 per diluted share for the quarter ended June 30, 2021. This compares to net Income attributable to common stockholders of $17 million or $0.08 per diluted share and adjusted earnings of $41 million or $0.59 per diluted share in the first quarter of 2021. Book value per share decreased $0.01 to $23.01 and adjusted book value per share(2) decreased $0.41 to $19.25 from March 31, 2021, to June 30, 2021. Results for the second quarter, as compared