First Acceptance Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017
May 09, 2017 at 04:11 pm EDT
First Acceptance Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenues of $88,069,000 compared to $96,948,000 a year ago. Income before income taxes was $1,576,000 compared to loss before income taxes of $8,374,000 a year ago. Net income was $730,000 or $0.02 per basic and diluted share compared to net loss of $5,505,000 or $0.13 per basic and diluted share a year ago.