secwatch.observer — SEC 8-K summary
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Issuer:     PAMT CORP (PAMT)
CIK:        0000798287
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001437749-23-010974
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAM Transportation Q1 2023 operating income down 73%; diluted EPS falls 78% to $0.23
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798287/000143774923010974/0001437749-23-010974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798287/000143774923010974/ptsi20230425_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-010974

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