First Acceptance Corporation Reports Operating Results for the Quarter Ended September 30, 2010

NASHVILLE, Tenn.–(BUSINESS WIRE)–First Acceptance Corporation (NYSE: FAC) today reported its financial results for the first quarter ended September 30, 2010 of its fiscal year ending June 30, 2011. Operating Results Revenues for the three months ended September 30, 2010 were $53.1 million, compared with $57.3 million for the same period in fiscal year 2010. Income before income taxes for the three months ended September 30, 2010 was $0.5 million, compared with $2.9 million in the same period

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