{"schema_version":"secwatch.filing_event.v1","accession":"0000793074-23-000024","form_type":"8-K","ticker":"WERN","cik":"0000793074","company_name":"WERNER ENTERPRISES INC","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.240944+00:00","generated_at":"2026-06-16T01:59:15.408292+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Werner Q1 2023: Revenue up 9% to $833M; EPS falls 32% to $0.55","bullets":["Total revenues $832.7M (+9% YoY); operating income $53.4M (-36%), operating margin 6.4%.","Diluted EPS $0.55 (-32%); adjusted diluted EPS $0.60 (-37%).","TTS revenues up 5% to $588M; Logistics up 21% to $229M; both segments saw operating income declines.","Net interest expense increased $5.2M to $6.4M due to higher rates and debt.","CEO cites inflation and soft freight market as headwinds; maintains confidence in diversified model."],"urls":{"canonical":"https://secwatch.observer/filing/0000793074-23-000024","json":"https://secwatch.observer/filing/0000793074-23-000024.json","markdown":"https://secwatch.observer/filing/0000793074-23-000024.md","text":"https://secwatch.observer/filing/0000793074-23-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/793074/000079307423000024/0000793074-23-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/793074/000079307423000024/wern-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:59:15.408292+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8fc349bddfd490b4c03b338893f8af582dc079ce","claim":"WERNER ENTERPRISES INC reported first quarter ended March 31, 2023 results: revenue $832.7 million, net income $35.2 million, EPS $0.55.","evidence_excerpt":"Werner Enterprises Reports First Quarter 2023 Results First Quarter 2023 Highlights (all metrics compared to first quarter 2022) • Total revenues of $832.7 million, up 9% • Operating income of $53.4 million, down 36%; non-GAAP adjusted operating income of $57.5 million, down 33% • Operating margin of 6.4%, down 450 basis points; non-GAAP adjusted operating margin of 6.9%, down 440 basis points • Diluted EPS of $0.55, down 32%; non-GAAP adjusted diluted EPS of $0.60, down 37% OMAHA, Neb., May 3, 2023 -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today reported results for the first quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/793074/000079307423000024/0000793074-23-000024-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$832.7 million"},{"label":"Net income","value":"$35.2 million"},{"label":"EPS","value":"$0.55"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}