Exhibit 99.1

ACA Capital Reports Financial and Economic Results for the First Quarter Ended March 31, 2007

·                  First quarter net economic income rose 41% to $15.7 million, compared to first quarter 2006

·                  First quarter base economic income rose 41% to $15.4 million, compared to first quarter 2006

NEW YORK – May 9, 2007 – ACA Capital Holdings, Inc. (NYSE: ACA) today announced first quarter 2007 net income of $11.4 million, or $0.31 per diluted share.  This represents a 19% decrease from first quarter 2006 net income of $14.1 million, and a 34% decrease from first quarter 2006 earnings per diluted share of $0.47.  The decrease in net income was primarily a result of net unrealized mark-to-market losses on the Company’s portfolio of Structured Credit transactions.

Net income and net income per diluted share are computed in accordance with accounting principles generally accepted in the United States of America (“GAAP”).  Additionally, to assist investors in their understanding of the Company’s quarterly results and their measurement of the Company’s growth and profitability, ACA Capital provides other non-GAAP information, including net economic income and base economic income.

Net economic income for the first quarter of 2007 was $15.7 million, or $0.42 per diluted share.  This represents a 41% increase from first quarter 2006 net economic income of $11.1 million, and a 14% increase from first quarter 2006 net economic income per diluted share of $0.37.

Base economic income for the first quarter of 2007 was $15.4 million, or $0.42 per diluted share.  This represents a 41% increase from first quarter 2006 base economic income of $10.9 million, and a 17% increase from first quarter 2006 base economic income per diluted share of $0.36.

“ACA Capital’s economic results for the first quarter underscore our ability to produce significant growth throughout changing market conditions” said President and Chief Executive Officer Alan S. Roseman. “Our Structured Credit business’ revenue growth continues to exceed even our ambitious objectives.  In addition, we added $1.6 billion of new CDO assets under management despite the uncertainties in the asset-backed CDO market, and we can already see positive results from renewed efforts in our Public Finance business.  Given these successes, we remain very optimistic and excited for the balance of 2007.”

Net Economic Income

In managing its business and measuring growth and profitability from a strategic and financial planning perspective, in addition to GAAP net income results, ACA Capital’s management and Board of Directors consider a supplemental measurement, net economic income.  Net economic income excludes the net income impact of:

1.  Unrealized gains (losses) on derivatives included in:

1



The following information was filed by Aca Capital Holdings Inc on Thursday, May 10, 2007 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Aca Capital Holdings Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Aca Capital Holdings Inc.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account