secwatch.observer — SEC 8-K summary
======================================

Issuer:     PAMT CORP (PAMT)
CIK:        0000798287
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0001437749-25-003942
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAMT Corp reports Q4 net loss of $31.6M; revenue down 7.6% to $166.5M
---------------------------------------------------------------------

- Diluted loss per share of $1.45 in Q4 2024 vs $0.10 loss in Q4 2023; adjusted loss per share $0.36.
- Operating loss of $37.7M with operating ratio 122.6%; adjusted operating ratio 104.5%.
- Non-cash charges: $24.7M from change in salvage values/useful lives, plus $6.4M impairment on equipment.
- Full year 2024 net loss of $31.8M vs net income of $18.4M in 2023; revenue down 11.9% to $714.6M.
- Debt increased $63.9M to $325.6M; generated $59.0M operating cash flow in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798287/000143774925003942/0001437749-25-003942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798287/000143774925003942/ptsi20250213_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-003942

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