PAM Transportation Q3 revenue down 20.2%, EPS drops 74.3% to $0.28

PAMT CORP

2023-Q3 EPS reported $0.93 revenue$630,639,000

Total revenues of $201.5M vs $252.6M in Q3 2022, down 20.2%.
Operating income of $8.8M, down 75.1%; operating ratio of 95.6%.
Diluted EPS of $0.28 vs $1.09, a decline of 74.3%.
Operating cash flow for first nine months of 2023 was $93.9M.
Debt reduced by $36.7M from Dec 2022 to $227.6M as of Sep 30, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PAMT CORP reported the third quarter ended September 30, 2023 results: revenue $201.5 million, net income $6.1 million, EPS $0.28.

Period: the third quarter ended September 30, 2023
Revenue: $201.5 million
Net income: $6.1 million
EPS: $0.28
Result: reported results

Exact text from the filing

Exhibit 99.1 P.A.M. TRANSPORTATION SERVICES, INC. ANNOUNCES RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2023 Third Quarter 2023 Summary Results ● Total revenues of $201.5 million, down 20.2% YoY ● Operating income of $8.8 million, down 75.1% YoY ● Operating ratio of 95.6% ● Diluted EPS of $0.28, down 74.3% YoY Tontitown, Arkansas, October 18, 2023......

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Source: SEC EDGAR

accession 0001437749-23-028587

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