Hallmark Financial Services, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 38.23 million compared to USD 45.48 million a year ago. Net loss was USD 28.15 million compared to net income of USD 3.45 million a year ago. Basic loss per share from continuing operations was USD 16.1 compared to USD 1.1 a year ago. Diluted loss per share from continuing operations was USD 16.1 compared to USD 1.1 a year ago. Basic loss per share was USD 15.5 compared to basic earnings per share of USD 1.9 a year ago. Diluted loss per share was USD 15.5 compared to diluted earnings per share of USD 1.9 a year ago.
For the nine months, revenue was USD 117.61 million compared to USD 171.41 million a year ago. Net loss was USD 100.79 million compared to net income of USD 11.57 million a year ago. Basic loss per share from continuing operations was USD 57.7 compared to USD 2.1 a year ago. Diluted loss per share from continuing operations was USD 57.7 compared to USD 2.1 a year ago. Basic loss per share was USD 55.4 compared to basic earnings per share of USD 6.4 a year ago. Diluted loss per share was USD 55.4 compared to diluted earnings per share of USD 6.4 a year ago.