{"schema_version":"secwatch.filing_event.v1","accession":"0000799233-23-000018","form_type":"8-K","ticker":"HTLD","cik":"0000799233","company_name":"HEARTLAND EXPRESS INC","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.263391+00:00","generated_at":"2026-06-16T04:14:22.944380+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Heartland Express Q1 net income $12.6M ($0.16 EPS) vs $16.8M ($0.21) YoY; revenue up 119%","bullets":["Operating revenue $330.9M (+118.8% YoY) from acquisitions; fuel surcharge $49.6M vs $24.0M in prior year.","Net income $12.6M ($0.16 basic EPS) vs $16.8M ($0.21) in Q1 2022; operating income $22.9M.","GAAP operating ratio 93.1% vs 85.2% in Q1 2022; non-GAAP adjusted OR 91.4% vs 81.7%.","Paid down $120M variable-rate debt from CFI acquisition and $9M from Smith; debt $366M, cash $55.5M.","Expects volatile freight demand for at least next two quarters; CEO cites 'challenging freight environment'."],"urls":{"canonical":"https://secwatch.observer/filing/0000799233-23-000018","json":"https://secwatch.observer/filing/0000799233-23-000018.json","markdown":"https://secwatch.observer/filing/0000799233-23-000018.md","text":"https://secwatch.observer/filing/0000799233-23-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799233/000079923323000018/0000799233-23-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799233/000079923323000018/htld-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:14:22.944380+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":"1756a2c1c9d07540d47ef497b94a0acf392a9ca1","claim":"HEARTLAND EXPRESS INC reported the quarter ended March 31, 2023 results: revenue $330.9 million, net income $12.6 million, EPS $0.16.","evidence_excerpt":"Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the three months ended March 31, 2023. Three months ended March 31, 2023: • Net Income of $12.6 million and Basic Earnings per Share of $0.16, • Operating Revenue of $330.9 million, an increase of 118.8% over 2022, • Operating Income of $22.9 million, • Operating Ratio of 93.1% and 91.4% Non-GAAP Adjusted Operating Ratio (1) , • Total Assets of $1.6 billion, • Stockholders' Equity of $866.6 million (All-time record).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799233/000079923323000018/0000799233-23-000018-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$330.9 million"},{"label":"Net income","value":"$12.6 million"},{"label":"EPS","value":"$0.16"},{"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"}