secwatch.observer — SEC 8-K summary
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Issuer:     HEARTLAND EXPRESS INC (HTLD)
CIK:        0000799233
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0000799233-25-000030
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heartland Express Q1 net loss $13.9M; revenue down 19% to $219.4M
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- Operating revenue $219.4M, down 19% YoY from $270.3M; net loss $13.9M ($0.18 per share) vs $15.1M loss in Q1 2024.
- Operating ratio worsened to 106.8% from 105.3%; Non-GAAP adjusted operating ratio 107.1%.
- CEO Mike Gerdin cites adverse weather, tariff uncertainties, and industry cost inflation; fleet being strategically shrunk.
- Cash $23.9M, debt $199.6M; no revolver borrowings; net cash from ops $25.8M.
- Dividend of $0.02/sh paid; no share repurchases in Q1; 2025 net capex expected $40-50M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799233/000079923325000030/0000799233-25-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799233/000079923325000030/htld-20250430.htm
  HTML page:      https://secwatch.observer/filing/0000799233-25-000030

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