Ambac Financial Group (NYSE:AMBC) reported quarterly losses of $(0.21) per share which beat the analyst consensus estimate of $(0.23) by 8.7 percent. This is a 600 percent decrease over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $66.606 million which beat the analyst consensus estimate of $49.185 million by 35.42 percent. This is a 95.15M percent increase over sales of $70.000 the same period last year.