The earnings call reflects a transformative period for Octave Specialty Group, with significant achievements in rebranding, capital management, and organic growth initiatives. However, the net loss, increased loss ratios, and adjusted EBITDA loss indicate ongoing financial challenges. While the highlights of strategic progress are notable, the financial setbacks present a balanced view.

Company Guidance

During the Octave Specialty Group's third-quarter 2025 earnings call, comprehensive guidance was provided, highlighting several key metrics and strategic initiatives. The company announced the successful launch of the new corporate brand, Octave Specialty Group, and executed a capital management plan that included repurchasing 3.1 million shares, equivalent to 6.5% of the weighted average shares outstanding. They achieved over $10 million in corporate expense reductions and completed the sale of their legacy financial guarantee business for $420 million. Additionally, they announced significant acquisitions, including ArmadaCare, and launched three new MGA startups. Organic growth initiatives were emphasized, with the insurance distribution segment experiencing an 80% revenue increase and a 40% organic growth rate, while adjusted EBITDA for the segment grew by 183% to $6 million. Everspan's net premiums saw a decline due to strategic nonrenewals, with an 84.5% loss ratio reported. The company's strategy includes a continued focus on organic growth, expense reduction with a target of $30 million in adjusted expenses for 2026, and disciplined capital allocation to support startups, share repurchases, and technology investments, aiming for robust performance in 2026 and beyond.

Launch of Octave Specialty Group

The company announced its transformation into Octave Specialty Group, a pure-play specialty P&C insurance company, marking a major milestone in its strategic vision.

Share Repurchase and Capital Management

Octave completed repurchases totaling 3,100,000 shares, equivalent to 6.5% of weighted average shares outstanding, as part of its capital management plan.

Successful Sale of Legacy Business

Octave successfully sold its legacy financial guarantee business to Oaktree for $420 million.

Organic Growth Initiatives

The company launched new professional lines MGAs and converted an investment in a recently launched MGA to a majority stake, contributing to strong organic growth.

Insurance Distribution Segment Revenue Growth

The insurance distribution segment saw an 80% increase in revenue compared to 2024, driven by 40% organic growth.

Expense Reductions

Material corporate expense reductions were undertaken, resulting in over a $10 million decrease in run rate adjusted corporate expenses.

Ambac Financial (AMBC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AMBC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 03, 2026	2025 (Q4)	-0.11 / -	-0.12	―	―	―
Nov 10, 2025	2025 (Q3)	-0.20 / -0.21	-0.46	54.35% (+0.25)
Aug 07, 2025	2025 (Q2)	-0.19 / -0.22	0.18	-222.22% (-0.40)
May 12, 2025	2025 (Q1)	-0.07 / -0.13	0.82	-115.85% (-0.95)
Feb 26, 2025	2024 (Q4)	0.00 / -0.12	0.32	-137.50% (-0.44)
Nov 12, 2024	2024 (Q3)	0.08 / -0.46	2	-123.00% (-2.46)
Aug 05, 2024	2024 (Q2)	0.15 / 0.18	0.07	157.14% (+0.11)
May 06, 2024	2024 (Q1)	0.09 / 0.82	-0.3	373.33% (+1.12)
Feb 27, 2024	2023 (Q4)	-0.02 / 0.32	4.18	-92.34% (-3.86)
Nov 07, 2023	2023 (Q3)	-0.09 / 2.00	7.37	-72.86% (-5.37)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AMBC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 10, 2025	$8.69	$10.08	+16.00%
Aug 07, 2025	$8.29	$6.94	-16.28%
May 12, 2025	$8.35	$6.70	-19.76%
Feb 26, 2025	$11.66	$10.40	-10.81%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ambac Financial (AMBC) report earnings?

Ambac Financial (AMBC) is schdueled to report earning on Mar 03, 2026, After Close (Confirmed).

What is Ambac Financial (AMBC) earnings time?

Ambac Financial (AMBC) earnings time is at Mar 03, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AMBC EPS forecast?

AMBC EPS forecast for the fiscal quarter 2025 (Q4) is -0.11.

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