PAM Transportation reports record Q2 net income of $15.3M, EPS $2.66; declares 2-for-1 stock split

PAMT CORP

2021-Q2 EPS reported $4.74 revenue$310,122,000

Q2 net income $15.3M ($2.66 diluted EPS) vs loss of $0.8M ($0.14 loss) a year ago.
Revenue $161.3M, up 73.4% YoY; six-month revenue $310.1M, up 39.6% YoY.
Board declares 2-for-1 forward stock split (100% stock dividend), payable Aug 16, 2021 to holders of record July 30, 2021.
Shares outstanding to double from ~5.7M to ~11.4M; split aims to improve liquidity and attract investors.
President attributed record results to redesigned network and strong team execution.

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