PAMT Q1 net loss nearly nil at $0.01M on $12.7M property gain; revenues down 8.7% YoY

PAMT CORP

2026-Q1 EPS reported $0.00 revenue$141,880,000

Net loss of $0.01M ($0.00 diluted EPS) vs $8.1M loss ($0.37 loss) in Q1 2025; improvement driven by $12.7M gain on sale of Laredo, TX property.
Total revenues fell 8.7% to $141.9M from $155.3M; operating loss was $0.3M with operating ratio of 100.2%.
Debt decreased $13.2M to $320.7M; cash and available liquidity totaled $141.1M; operating cash flow used $2.7M.
Intends to more actively repurchase shares in Q2 2026 under existing authorization; 472,845 shares remain available as of March 31, 2026.

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