DALLAS (AP) _ Hallmark Financial Services Inc. (HALL) on Thursday reported first-quarter net income of $9.3 million, after reporting a loss in the same period a year earlier.
The Dallas-based company said it had net income of 52 cents per share. Earnings, adjusted for investment gains, were 27 cents per share.
The property and casualty insurance company posted revenue of $114.4 million in the period. Its adjusted revenue was $107.5 million.
In the final minutes of trading on Thursday, the company's shares hit $3.60. A year ago, they were trading at $2.80.
The Associated Press