Hallmark Financial Services, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 41.9 million compared to USD 38.23 million a year ago. Net loss was USD 21.51 million compared to USD 28.15 million a year ago. Basic loss per share from continuing operations was USD 9.16 compared to USD 16.08 a year ago. Diluted loss per share from continuing operations was USD 9.16 compared to USD 16.08 a year ago. Basic loss per share was USD 11.83 compared to USD 15.48 a year ago. Diluted loss per share was USD 11.83 compared to USD 15.48 a year ago.
For the nine months, revenue was USD 123.64 million compared to USD 117.61 million a year ago. Net loss was USD 72.56 million compared to USD 100.79 million a year ago. Basic loss per share from continuing operations was USD 40.53 compared to USD 57.72 a year ago. Diluted loss per share from continuing operations was USD 40.53 compared to USD 57.72 a year ago. Basic loss per share was USD 39.91 compared to USD 55.44 a year ago. Diluted loss per share was USD 39.91 compared to USD 55.44 a year ago.