earnings
confidence high
sentiment negative
materiality 0.70
PAL preliminary Q4 rev $95.1M, adj. op. ratio 98.3%, operating loss narrows QoQ
Proficient Auto Logistics, Inc
- Total operating revenue $95.1M, up 4% QoQ but down 15.9% YoY.
- GAAP operating loss of $1.9M vs $2.2M loss Q3 and $9.4M income Q4 2023.
- Adjusted operating income $1.7M (vs $1.1M Q3, $9.4M Q4 2023); adjusted ratio 98.3%.
- Total units delivered 521,476, up 4% QoQ, down 4% YoY.
- CEO cites weak industry environment; balance sheet strength positions for rebound.