secwatch.observer — SEC 8-K summary
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Issuer:     Proficient Auto Logistics, Inc (PAL)
CIK:        0001998768
Form:       8-K
Filed at:   2024-06-18T23:59:59+00:00
Accession:  0001213900-24-053529
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Proficient Auto Logistics Q1 combined operating income up 7.9% to $6.54M, revenue down 4.6%
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- Combined total operating revenue $95.6M (-6.6% YoY); operating ratio improved to 93.2% from 94.1%.
- Income before taxes $5.35M (+12.1%); EBITDA $10.86M with 11.4% margin (+100 bps YoY).
- Total units delivered 460,210 (+2%); average revenue per unit rose to $184 from $180.
- Proficient Auto Logistics standalone net loss $310k; Proficient Transport net income $1.185M (down from $1.962M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1998768/000121390024053529/0001213900-24-053529-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1998768/000121390024053529/ea0208019-8k_proficient.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-053529

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