---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-003105"
form_type: "8-K"
ticker: "PAMT"
cik: "0000798287"
company_name: "PAMT CORP"
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T09:32:44.195063+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PAM Transportation posts Q4 operating loss of $0.8M on 24.2% revenue decline

## Summary
- Q4 revenue $180.2M (-24.2% YoY); net loss $2.2M ($0.10 diluted loss) vs net income $18.0M a year ago.
- Full-year 2023 net income $18.4M ($0.83 diluted EPS) vs $90.7M ($4.04 diluted EPS) in 2022.
- Operating ratio worsened to 100.4% from 91.8% in Q4 2022; UAW strike depressed automotive volumes.
- Cash and available liquidity $203.7M; debt $261.7M; operating cash flow $114.6M for full year.
- Management cites challenging freight environment and prolonged UAW strike impact through end of 2023.

## SEC filing metadata
- accession: 0001437749-24-003105
- form_type: 8-K
- ticker: PAMT
- cik: 0000798287
- company_name: PAMT CORP
- filed_at: 2024-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798287/000143774924003105/0001437749-24-003105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798287/000143774924003105/ptsi20240205_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003105
- JSON: https://secwatch.observer/filing/0001437749-24-003105.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003105.txt

## Key facts
- Earnings Releases
  PAMT CORP reported the year ended December 31, 2023 results: revenue $810.8 million, net income consolidated net income of $18.4 million, EPS diluted and basic earnings per share of $0.83.
  - Period: the year ended December 31, 2023
  - Revenue: $810.8 million
  - Net income: consolidated net income of $18.4 million
  - EPS: diluted and basic earnings per share of $0.83
  - Result: reported results
  source text: the fourth quarter of 2023 compared to $237.6 million for the fourth quarter of 2022. For the year ended December 31, 2023, consolidated operating revenues decreased 14.4% to $810.8 million compared to $946.9 million for the year ended December 31, 2022. Joe Vitiritto, President of the Company, commented, “Our consolidated operating results for the three and twelve
  evidence_url: https://www.sec.gov/Archives/edgar/data/798287/000143774924003105/0001437749-24-003105-index.htm
- Earnings Releases
  PAMT CORP reported the quarter ended December 31, 2023 results: revenue $180.2 million, net income consolidated net loss of $2.2 million, EPS diluted and basic loss per share of $0.10.
  - Period: the quarter ended December 31, 2023
  - Revenue: $180.2 million
  - Net income: consolidated net loss of $2.2 million
  - EPS: diluted and basic loss per share of $0.10
  - Result: reported results
  source text: 99.1 P.A.M. TRANSPORTATION SERVICES, INC. ANNOUNCES RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2023 Fourth Quarter 2023 Summary Results ● Total revenues of $180.2 million, down 24.2% YoY ● Operating loss of $0.8 million ● Operating ratio of 100.4% ● Diluted loss per share of $0.10 Tontitown, Arkansas, February 1, 2024...... P.A.M. Transportation
  evidence_url: https://www.sec.gov/Archives/edgar/data/798287/000143774924003105/0001437749-24-003105-index.htm

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