secwatch.observer — SEC 8-K summary
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Issuer:     MARTEN TRANSPORT LTD (MRTN)
CIK:        0000799167
Form:       8-K
Filed at:   2022-04-19T23:59:59+00:00
Accession:  0001437749-22-009211
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799167/000143774922009211/0001437749-22-009211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799167/000143774922009211/mrtn20220414_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-009211

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