{"schema_version":"secwatch.filing_event.v1","accession":"0000799233-23-000032","form_type":"8-K","ticker":"HTLD","cik":"0000799233","company_name":"HEARTLAND EXPRESS INC","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.677586+00:00","generated_at":"2026-06-12T10:20:29.599587+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Heartland Express Q2 revenue rises 63% to $306M, net income falls to $7.8M on weak freight demand","bullets":["Q2 revenue $306.2M (+63% YoY); net income $7.8M vs $76.9M (incl $73.2M terminal gain); EPS $0.10 vs $0.97.","Freight demand weak; legacy Heartland/Millis OR 87.7%, acquired CFI/Smith OR 99.8%; overall OR 94.7%.","Debt repaid $146M since 2022 acquisitions; cash $46.3M; $88M revolver available; equity record $872.9M.","Regular $0.02/share dividend declared; net capex guided $65-75M for 2023; expects $15-20M equipment gains.","Management expects volatile demand next quarter, hopeful for Q4 holiday improvement."],"urls":{"canonical":"https://secwatch.observer/filing/0000799233-23-000032","json":"https://secwatch.observer/filing/0000799233-23-000032.json","markdown":"https://secwatch.observer/filing/0000799233-23-000032.md","text":"https://secwatch.observer/filing/0000799233-23-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799233/000079923323000032/0000799233-23-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799233/000079923323000032/htld-20230731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T10:20:29.599587+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":"4f7bacb2e4f3478a68cd2edd67c5766e21769486","claim":"HEARTLAND EXPRESS INC reported three months ended June 30, 2023 results: revenue $306.2 million, net income $7.8 million, EPS $0.10.","evidence_excerpt":"Express, Inc. (Nasdaq: HTLD) announced today financial results for the three and six months ended June 30, 2023. Three months ended June 30, 2023: • Operating Revenue of $306.2 million, an increase of 63.0% over 2022, • Net Income of $7.8 million, • Basic Earnings per Share of $0.10, • Operating Income of $16.2 million, • Operating Ratio of 94.7% and 93.4%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799233/000079923323000032/0000799233-23-000032-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended June 30, 2023"},{"label":"Revenue","value":"$306.2 million"},{"label":"Net income","value":"$7.8 million"},{"label":"EPS","value":"$0.10"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"51a15c9bae5848c8a2dc90c1a5a3f4bd300ee16e","claim":"HEARTLAND EXPRESS INC reported six months ended June 30, 2023 results: revenue $637.1 million, net income $20.4 million, EPS $0.26.","evidence_excerpt":"Adjusted Operating Ratio (1) , • Total Assets of $1.6 billion, • Stockholders' Equity of $872.9 million (All-time record). Six months ended June 30, 2023: • Operating Revenue of $637.1 million, an increase of 87.9% over 2022 , • Net Income of $20.4 million, • Basic Earnings per Share of $0.26, • Operating Income of $39.1 million, • Operating Ratio of 93.9% and 92.4%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799233/000079923323000032/0000799233-23-000032-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Revenue","value":"$637.1 million"},{"label":"Net income","value":"$20.4 million"},{"label":"EPS","value":"$0.26"},{"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"}