PAM Transportation Q1 2024 net income plunges to $0.3M from $5.2M; EPS $0.01

PAMT CORP

2024-Q1 EPS reported $0.01 revenue$182,592,000

Total revenues $182.6M, down 17.6% YoY from $221.7M.
Operating loss of $0.7M; operating ratio 100.4%.
Diluted EPS of $0.01 vs $0.23 in Q1 2023.
Cash, marketable securities, and credit availability $185.7M; stockholders' equity $314.6M.
Outstanding debt $271.6M, up $9.9M from Dec 31, 2023; operating cash flow $9.6M.

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 first quarter ended March 31, 2024 results: revenue $182.6 million, net income $0.3 million, EPS $0.01.

Period: first quarter ended March 31, 2024
Revenue: $182.6 million
Net income: $0.3 million
EPS: $0.01
Result: reported results

Exact text from the filing

Exhibit 99.1 P.A.M. TRANSPORTATION SERVICES, INC. ANNOUNCES RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024 First Quarter 2024 Summary Results ● Total revenues of $182.6 million, down 17.6% YoY ● Operating loss of $0.7 million ● Operating ratio of 100.4% ● Diluted EPS of $0.01 Tontitown, Arkansas, April 18, 2024...... P.A.M. Transportation Services, Inc.

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Source: SEC EDGAR

accession 0001437749-24-012460

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