đź’¨ Abstract
Ambac Financial Group Inc. reported a first-quarter loss of $46.4 million, or $1.22 per share, compared to a profit in the same period last year. Adjusted losses were 13 cents per share. The bond insurer reported revenue of $62.8 million. Ambac's shares have fallen 34% since January and 54% over the past year, trading at $8.35 on Monday.
Courtesy: wtop.com
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