Hallmark Financial Services, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 41.91 million compared to USD 37.16 million a year ago. Net loss was USD 11.91 million compared to USD 69.42 million a year ago. Basic loss per share from continuing operations was USD 9.78 compared to USD 36.85 a year ago. Diluted loss per share from continuing operations was USD 9.78 compared to USD 36.85 a year ago. Basic loss per share was USD 6.55 compared to USD 38.16 a year ago. Diluted loss per share was USD 6.55 compared to USD 38.16 a year ago.
For the six months, revenue was USD 81.74 million compared to USD 79.38 million a year ago. Net loss was USD 51.05 million compared to USD 72.64 million a year ago. Basic loss per share from continuing operations was USD 31.37 compared to USD 43.3 a year ago. Diluted loss per share from continuing operations was USD 31.37 compared to USD 43.3 a year ago. Basic loss per share was USD 28.08 compared to USD 39.95 a year ago. Diluted loss per share was USD 28.08 compared to USD 39.95 a year ago.