{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-010974","form_type":"8-K","ticker":"PAMT","cik":"0000798287","company_name":"PAMT CORP","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.256594+00:00","generated_at":"2026-06-16T17:40:56.371709+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"PAM Transportation Q1 2023 operating income down 73%; diluted EPS falls 78% to $0.23","bullets":["Total revenues $221.7M (+1.0% YoY); operating income $8.5M (-72.9%).","Non-GAAP adjusted operating income $18.5M (-46.7%); adjusted diluted EPS $0.57 (-51.7%).","Operating ratio worsened to 96.2% from 85.7% YoY (up 1050 bps).","Generated $34.2M operating cash flow; total debt $251.3M decreased $13M from Dec 31.","Results include litigation charges for claims in excess of insurance policy limits."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-010974","json":"https://secwatch.observer/filing/0001437749-23-010974.json","markdown":"https://secwatch.observer/filing/0001437749-23-010974.md","text":"https://secwatch.observer/filing/0001437749-23-010974.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/798287/000143774923010974/0001437749-23-010974-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/798287/000143774923010974/ptsi20230425_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:40:56.371709+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"df1f0e3654288b99b8f22aa5d7c00f263859e21d","claim":"PAMT CORP reported first quarter ended March 31, 2023 results: revenue $221.7 million, net income $5.2 million, EPS $0.23.","evidence_excerpt":"First Quarter 2023 Summary Results ● Total revenues of $221.7 million, up 1.0% YoY ● Operating income of $8.5 million, down 72.9% YoY; non-GAAP adjusted operating income of $18.5 million, down 46.7% YoY ● Operating ratio of 96.2%, an increase of 1050 bps YoY; non-GAAP adjusted operating ratio of 90.4%, an increase of 810 bps YoY ● Diluted EPS of $0.23, down 78.3% YoY; non-GAAP adjusted diluted EPS of $0.57, down 51.7% YoY Tontitown, Arkansas, April 24, 2023...... P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (\"the Company\") today reported net income of $5.2 million, or diluted earnings per share of $0.23 ($0.24 basic), for the quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/798287/000143774923010974/0001437749-23-010974-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$221.7 million"},{"label":"Net income","value":"$5.2 million"},{"label":"EPS","value":"$0.23"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}