secwatch.observer — SEC 8-K summary
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Issuer:     SAIA INC (SAIA)
CIK:        0001177702
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0000950170-25-058331
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saia Q1 EPS falls 45% to $1.86; revenue up 4.3% but operating income down 40.5%
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- Diluted EPS of $1.86, down from $3.38 in Q1 2024; operating income fell 40.5% to $70.2M.
- Revenue rose 4.3% to $787.6M; operating ratio worsened to 91.1% from 84.4%.
- LTL tonnage per workday increased 12.7%, but revenue per hundredweight ex fuel decreased 5.1%.
- Cash $16.5M, debt $295.5M (up from $84.1M a year ago); net capex $202.1M in Q1.
- FY2025 net capex guidance approximately $650M, subject to market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177702/000095017025058331/0000950170-25-058331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177702/000095017025058331/saia-20250425.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-058331

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