Ambac Financial Group Q2 Adj. EPS $(0.22) Beats $(0.27) Estimate, Sales $54.957M Miss $55.587M Estimate

Ambac Financial Group (NYSE:AMBC) reported quarterly losses of $(0.22) per share which beat the analyst consensus estimate of $(0.27) by 18.52 percent. This is a 1000 percent decrease over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $54.957 million which missed the analyst consensus estimate of $55.587 million by 1.13 percent. This is a 7.68 percent increase over sales of $51.037 million the same period last year.