---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028587"
form_type: "8-K"
ticker: "PAMT"
cik: "0000798287"
company_name: "PAMT CORP"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:22:45.914674+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-23-028587
- form_type: 8-K
- ticker: PAMT
- cik: 0000798287
- company_name: PAMT CORP
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798287/000143774923028587/0001437749-23-028587-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798287/000143774923028587/ptsi20231018_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028587
- JSON: https://secwatch.observer/filing/0001437749-23-028587.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028587.txt

## Key facts
- Earnings Releases
  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
  source text: 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......
  evidence_url: https://www.sec.gov/Archives/edgar/data/798287/000143774923028587/0001437749-23-028587-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.