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BRIEF-Ambac announces third quarter loss of $4.20 per share
November 8, 2017 / 10:44 PM / 13 days ago

BRIEF-Ambac announces third quarter loss of $4.20 per share

Nov 8 (Reuters) - Ambac Financial Group Inc

* Ambac announces third quarter 2017 results

* Q3 adjusted loss per share $3.30

* Q3 loss per share $4.20

* Loss in q3 were adversely impacted by public finance losses and loss expenses incurred​

* Board completed a comprehensive review of ambac’s corporate strategy​

* To ‍evaluate future new business initiatives in certain business sectors, adjacent to co’s core business​

* To conduct ‍ongoing review of organizational cost effectiveness and efficiency of operating platform​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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