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Dec 31, 2021
Ambac Q4 2021 Earnings Report
Reported a net loss attributable to common stockholders and an adjusted loss for the quarter ended December 31, 2021.
Key Takeaways
Ambac Financial Group reported a net loss attributable to common stockholders of $22 million, or $0.42 per diluted share, and an adjusted loss of $10 million, or $0.16 per diluted share, for Q4 2021. These results were primarily driven by a lower benefit from loss and loss expenses compared to the previous quarter.
Net loss attributable to common stockholders was $22 million, or $0.42 per diluted share.
Adjusted loss was $10 million, or $0.16 per diluted share.
Book value per share decreased $0.49 to $22.42.
Adjusted book value per share decreased $0.17 to $18.88.
Ambac
Ambac
Forward Guidance
The company did not provide forward guidance in this earnings report.