Ambac Financial Group Q2 EPS $0.28 Beats $(0.75) Estimate, Sales $86.00M Beat $28.00M Estimate

Ambac Financial Group (NYSE:AMBC) reported quarterly earnings of $0.28 per share which beat the analyst consensus estimate of $(0.75) by 137.33 percent. This is a 193.33 percent increase over losses of $(0.30) per share from the same period last year. The company reported quarterly sales of $86.00 million which beat the analyst consensus estimate of $28.00 million by 207.14 percent. This is a 75.51 percent increase over sales of $49.00 million the same period last year.