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Last Post: 7/15/2016 11:26:35 AM - Followers: 10 - Board type: Free - Posts Today: 0

AmBase Reports Second Quarter and Six Months Quarter Results

GREENWICH, Conn., July 28, 2008 /PRNewswire-FirstCall via COMTEX/ -- AmBase Corporation (OTC Bulletin Board: ABCP)(the "Company") announced today a net loss of $1,120,000 or $0.03 per share and $3,438,000 or $0.08 per share for the second quarter and six months ended June 30, 2008, respectively.
For the second quarter and six months ended June 30, 2007, the Company recorded a net loss of $1,655,000 or $0.03 per share and $2,748,000 or $0.06 per share respectively.

A more complete discussion of the Company's affairs is included in AmBase Corporation's Quarterly Report on Form 10-Q for the quarterly period June 30, 2008, filed with the Securities and Exchange Commission.



AmBase Corporation
Summary Results
(in thousands, except per share data)


Second Quarter Six Months
2008 2007 2008 2007

Revenue $ - $ - $ - $ -
Operating expenses 1,461 2,152 3,932 3,841
Operating loss (1,461) (2,152) (3,932) (3,841)
Interest income 94 394 247 859
Realized gains on sales of
investment securities - 128 - 284
Other income 247 - 247 -
Loss before income taxes (1,120) (1,630) (3,438) (2,698)
Income tax expense - (25) - (50)
Net loss $(1,120) $(1,655) $(3,438) $(2,748)

Net loss per common share:
Basic $(0.03) $(0.03) $(0.08) $(0.06)
Assuming dilution $(0.03) $(0.03) $(0.08) $(0.06)

Weighted average common shares
outstanding:
Basic 43,610 44,864 43,669 44,916
Assuming dilution 43,610 44,864 43,669 44,916


SOURCE AmBase Corporation

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ABCP News: Statement of Changes in Beneficial Ownership (4) 03:41 PM
ABCP News: Quarterly Report (10-q) 11/08/2016 04:17:36 PM
ABCP News: Quarterly Report (10-q) 08/11/2016 02:48:21 PM
ABCP News: Initial Statement of Beneficial Ownership (3) 06/30/2016 12:11:35 PM
ABCP News: Initial Statement of Beneficial Ownership (3) 06/30/2016 11:59:55 AM
News News Alert: Statement of Changes in Beneficial Ownership (4) 12/08/2016 03:41:59 PM
PostSubject
#287   GidDy uP... The GidDy uP Kid 07/15/16 11:26:35 AM
#286   STILL IN PLAY Roy London 06/30/15 06:17:34 PM
#285   ABCP strong weekly close ..such a nice chrt Roy London 06/26/15 07:20:03 PM
#284   ABCP bull out break out Roy London 06/25/15 06:48:25 PM
#283   No, you would not have collected the dividend. joethebow 10/22/13 02:04:25 PM
#281   keep on goin :) Planopenny 07/31/13 12:27:43 PM
#280   looking nice Planopenny 07/29/13 07:14:25 PM
#279   ~ $ABCP ~ Daily Par Sar Buy Signal Penny Roger$ 07/09/13 08:36:03 AM
#278   AmBase Corporation Announces Execution Of Joint Venture Agreement sidedraft 06/21/13 07:19:34 PM
#277   http://www.prnewswire.com/news-releases/ambase-reports-first-quarter-results-207 free_bee 05/20/13 11:28:34 PM
#276   and paid a $2/share dividend out of the littlejohn 03/28/13 08:37:34 PM
#275   Another divvy on the way? sidedraft 03/28/13 08:07:55 PM
#274   I don't understand how they could pay the iheartweimers 03/10/13 06:36:44 PM
#273   yeah, until they PR something, they are not joethebow 03/10/13 06:01:26 PM
#272   Seen days that a $50 gain would have littlejohn 01/11/13 01:15:18 AM
#271   I can't believe my bad luck today. The iheartweimers 01/10/13 04:13:45 PM
#270   Any yall adding more ABCP? Hit my pj McMulligan 01/10/13 03:55:59 PM
#269   If your broker put money in your account, sidedraft 12/12/12 07:56:57 PM
#268   From investopedia- "*Note: Different rules apply if the dividend RxJoshRx 12/12/12 07:44:37 PM
#267   Did anyone have their dividend taken back? I RxJoshRx 12/12/12 06:43:57 PM
#266   I've never seen the previous close adjusted/changed to sidedraft 12/11/12 11:11:55 AM
#265   I understand that a stock normally drops by iheartweimers 12/11/12 10:53:44 AM
#264   Yep, I got mine. sidedraft 12/11/12 09:27:07 AM
#263   right after the market close...LJ littlejohn 12/10/12 11:10:16 PM
#262   Not yet, maybe after EOD processing. sidedraft 12/10/12 11:00:57 PM
#261   Anyone get the divi payment today???? RxJoshRx 12/10/12 09:16:58 PM
#260   ABCP pr on 11-14-2012 had the statement included littlejohn 11/15/12 01:24:03 AM
#258   Maybe the next quarterly filing will have some littlejohn 10/24/12 01:06:48 AM
#257   What you posted from the last quarterly, indicates sidedraft 10/23/12 09:24:21 AM
#256   How important is the info in the company's littlejohn 10/23/12 01:40:12 AM
#255   AmBase Announces Dividend Payment sidedraft 10/23/12 12:58:56 AM
#254   AmBase Announces Receipt Of Supervisory Goodwill Settlement Award sidedraft 10/22/12 11:31:02 AM
#253   AmBase Announces Court of Federal Claims Approval of scoobey-do 10/12/12 09:00:21 AM
#252   It looks as if there may be another iheartweimers 09/05/12 03:23:18 PM
#251   I'm just amazed that this board is so iheartweimers 09/05/12 03:14:19 PM
#250   "9. Pni33 09/05/12 03:02:37 PM
#249   78,500 buy shows that someone big is not iheartweimers 09/04/12 12:50:47 PM
#248   Award is plus a gross-up to cover federal loginusername 09/04/12 12:14:08 PM
#247   May be early yet. I should have iheartweimers 09/04/12 12:07:03 PM
#246   I've owned a few shares (but not enough) mrholty 09/04/12 12:01:32 PM
#245   wow who would have thought that BIG hedge [SMART MONEY] 09/04/12 11:54:02 AM
#244   I thought news of the settlement would spread iheartweimers 09/04/12 11:49:58 AM
#243   nice $2.85 HOD [SMART MONEY] 09/04/12 09:56:35 AM
#241   Am kind of puzzled as to why it NotRichYet2 09/02/12 05:49:14 PM
#239   yUP!images.investorshub.advfn.com/images/uploads/2012/9/1/skqgv296425_151 [SMART MONEY] 09/01/12 05:59:15 PM
#238   Hiya lol Wow you replies to a old post lol brianw 09/01/12 05:45:08 PM
#237   CC eat the TMD on Tuesday!!! Off to ~MulaGreen~ 09/01/12 11:48:40 AM
#236   Yeah should be a solid mover. cbo 09/01/12 01:32:29 AM
#235   Up for sure. Pure guess.... but cbo 09/01/12 01:31:31 AM
#234   They got a small haircut for $25M [SMART MONEY] 09/01/12 12:20:36 AM
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