Berry corporation (bry) reports fourth quarter and full-year 2020 results; reinstates a quarterly dividend

Dallas, feb. 23, 2021 (globe newswire) -- berry corporation (bry) (nasdaq: bry) (“berry” or the “company”) today reported fourth quarter and full-year 2020 results. for the full year berry's net loss was $263 million, or $3.29 per diluted share, and adjusted net income(1) was $45 million, or $0.56 per diluted share. for the fourth quarter the net loss was $64 million, or $0.80 per diluted share, and adjusted net income(1) was $9 million, or $0.11 per diluted share. in addition, the company's board of directors approved a first quarter dividend of $0.04 per share.
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