secwatch.observer — SEC 8-K summary
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Issuer:     PAMT CORP (PAMT)
CIK:        0000798287
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001437749-24-032309
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAM Transportation Q3 EPS $0.11 vs $0.28 YoY; revenue down 9.4% to $182.6M
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- Diluted EPS of $0.11, down from $0.28 in Q3 2023; net income $2.4M vs $6.1M.
- Revenue fell 9.4% to $182.6M from $201.5M due to customer downtime and Hurricane Helene impacts.
- Operating ratio worsened to 98.7% vs prior year; operating income $2.3M.
- Liquidity of $152.2M (cash, securities, credit line); debt $288.7M, up $27M from Dec 2023.
- Nine-month operating cash flow $43.8M; President cites signs of improving market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798287/000143774924032309/0001437749-24-032309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798287/000143774924032309/ptsi20241028_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-032309

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