Marten Q1 net income up 52.9% to $27.5M; record revenue $287.3M

MARTEN TRANSPORT LTD

2022-Q1 EPS reported $0.33 revenue$287,281,000

EPS $0.33 diluted vs $0.22 YoY; net income $27.5M vs $18.0M.
Operating revenue record $287.3M (+28.8% YoY); net of fuel surcharge $245.3M (+23.8%).
Operating income record $35.9M (+49.4%); operating ratio net of fuel surcharge best since 1986 at 85.4%.
Repurchased 1.3M shares for $25M; quarterly dividend increased 50%.
Added 128 drivers and 95 refrigerated containers in Q1; fleet 729 containers.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.