AmBase Corp. reported earnings results for the second quarter and six months ended June 30, 2009. For the second quarter, the company reported operating loss was $525,000, loss before income taxes was $513,000, net loss was $515,000 or $0.01 per diluted share against operating loss of $1,461,000, loss before income taxes of $1,120,000, net loss of $1,120,000 or $0.03 per diluted share for the same period a year ago. For the six months, the company reported operating loss was $1,441,000, loss before income taxes was $1,370,000, net loss was $1,374,000 or $0.03 per diluted share against operating loss of $3,932,000, loss before income taxes of $3,438,000, net loss of $3,438,000 or $0.08 per diluted share for the same period a year ago.

AmBase Corp. announced earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported a net loss of $859,000 or $0.02 per share as compared to a net loss of $2,318,000 or $0.05 per share for the same period ended March 31, 2008. Operating loss was $916,000 and loss before income taxes was $857,000 as compared to operating loss was $2,471,000 and loss before income taxes was $2,318,000 for the same period last year.

AmBase Corp. announced earnings results for the full year ended December 31, 2008. The company announced a net loss of $4,431,000 or $0.10 basic and diluted per share for the full year of 2008. For the full year ended December 31, 2007, the company recorded a net loss of $3,936,000 or $0.09 basic and diluted per share. For the period, the company reported operating loss of $5,191,000 against operating loss of $5,501,000 reported a year ago. For the period, the company reported loss before income taxes of $4,591,000 against loss before income taxes of $3,886,000 reported a year ago.