secwatch.observer — SEC 8-K summary
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Issuer:     MARTEN TRANSPORT LTD (MRTN)
CIK:        0000799167
Form:       8-K
Filed at:   2022-10-17T23:59:59+00:00
Accession:  0001437749-22-024236
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marten Transport Q3 net income up 20.6% to $25.6M; EPS $0.32
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- Net income $25.6M ($0.32 diluted EPS) vs $21.3M ($0.26) a year ago, 15th consecutive quarterly profit increase.
- Operating revenue rose 29.1% to $324.4M; revenue ex-fuel surcharges up 21.8% to $269.3M.
- Operating income increased 18.5% to $33.8M; nine-month operating income up 36.5% to $110.6M.
- Fleet driver count up 22.6% since June 30, 2021; 199 more drivers than at start of Q3 2022.
- Results partly offset by Hurricane Ian impact and rail service weakness affecting intermodal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799167/000143774922024236/0001437749-22-024236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799167/000143774922024236/mrtn20221013_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-024236

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