secwatch.observer — SEC 8-K summary
======================================

Issuer:     HEARTLAND EXPRESS INC (HTLD)
CIK:        0000799233
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0000799233-24-000038
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heartland Express reports Q3 2024 net loss of $9.3M; revenue down 12% YoY to $259.9M
--------------------------------------------------------------------------------

- Operating revenue $259.9M, down 12% vs $295.0M in Q3 2023.
- Net loss $9.3M ($0.12 basic loss per share) vs net loss $10.7M ($0.14) in Q3 2023.
- Nine-month net loss $27.9M vs net income $9.7M in prior year period.
- Management cites 'worst four consecutive quarters in 45+ years' due to low demand and excess truck capacity.
- Debt reduced by $94.0M in first nine months of 2024; $289.6M paid since 2022 acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799233/000079923324000038/0000799233-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799233/000079923324000038/htld-20241029.htm
  HTML page:      https://secwatch.observer/filing/0000799233-24-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer