secwatch.observer — SEC 8-K summary
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Issuer:     MARTEN TRANSPORT LTD (MRTN)
CIK:        0000799167
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0001437749-23-010548
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marten Transport Q1 EPS falls to $0.28 from $0.33; revenue up 3.7% to $298M
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- Net income $22.5M ($0.28 diluted EPS) vs $27.5M ($0.33) in Q1 2022, down 18%.
- Operating revenue $298.0M (+3.7%); ex-fuel surcharge $254.9M (+3.9%).
- Operating income $29.0M vs $35.9M; operating margin declined to 9.7% from 12.5%.
- Fuel surcharge revenue increased to $43.1M from $42.0M.
- Management cites severe weather and softer freight market; expects increased carrier exits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799167/000143774923010548/0001437749-23-010548-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799167/000143774923010548/mrtn20230415_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-010548

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