Palomar Holdings Inc. (PLMR) Misses Q4 EPS by 7c

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Palomar Holdings, Inc. Reports Fourth Quarter & Full Year 2020 Results

February 24, 2021 4:12 PM EST

LA JOLLA, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or Company) reported a net loss of $1.8 million, or $0.07 per diluted share, for the fourth quarter of 2020 compared to net income of $10.9 million, or $0.45 per diluted share, for the fourth quarter of 2019.

Fourth Quarter 2020 Highlights

Gross written premiums increased by 31.0% to $96.1 million compared to $73.3 million in the fourth quarter of 2019Net loss of $1.8 million, or $0.07... More