{"id":457975,"date":"2021-03-15T16:08:17","date_gmt":"2021-03-15T20:08:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457975"},"modified":"2021-03-15T16:08:17","modified_gmt":"2021-03-15T20:08:17","slug":"hallmark-financial-announces-fourth-quarter-and-fiscal-2020-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hallmark-financial-announces-fourth-quarter-and-fiscal-2020-results\/","title":{"rendered":"Hallmark Financial Announces Fourth Quarter and Fiscal 2020 Results"},"content":{"rendered":"
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DALLAS, March 15, 2021 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (\u201cHallmark Financial\u201d) (NASDAQ: HALL) today announced financial results for the fourth quarter and fiscal year ended December 31, 2020.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Fourth Quarter<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Fiscal Year<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2019<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2020<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2019<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n $ in millions:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0\u00a0\u00a0Net Loss<\/td>\n$<\/td>\n(6.0<\/td>\n)<\/td>\n$<\/td>\n(34.0<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(91.7<\/td>\n)<\/td>\n$<\/td>\n(0.6<\/td>\n)<\/td>\n<\/tr>\n
\u00a0\u00a0\u00a0Operating Loss (1)<\/td>\n$<\/td>\n(10.0<\/td>\n)<\/td>\n$<\/td>\n(36.5<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(10.7<\/td>\n)<\/td>\n$<\/td>\n(16.9<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n $ per diluted share:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0\u00a0\u00a0Net Loss<\/td>\n$<\/td>\n(0.33<\/td>\n)<\/td>\n$<\/td>\n(1.87<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(5.05<\/td>\n)<\/td>\n$<\/td>\n(0.03<\/td>\n)<\/td>\n<\/tr>\n
\u00a0\u00a0\u00a0Operating Loss (1)<\/td>\n$<\/td>\n(0.55<\/td>\n)<\/td>\n$<\/td>\n(2.01<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.59<\/td>\n)<\/td>\n$<\/td>\n(0.93<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n
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\n (1)\u00a0\u00a0\u00a0<\/sup>See \u201cNon-GAAP Financial Measures\u201d below<\/p>\n

Highlights:<\/strong><\/p>\n<\/blockquote>\n