Daseke Reports Results for Second Quarter of 2019
Daseke, Inc. (DSKE)
Last daseke, inc. earnings: 3/10 08:30 am
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US:NASDAQ Investor Relations:
investor.daseke.com
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Source: GlobeNewswire
Specialized Solutions segment’s consistent performance supports 20% increase in revenue, up 1% on an Acquisition-Adjusted basis1 Company announces new strategic operational program focused on intelligent integration and efficiency, expected to deliver $20-25 million in operating income on a go-forward basis in fiscal 2021 and beyond ADDISON, Texas, Aug. 05, 2019 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today reported financial results for the second quarter ended June 30, 2019. Second Quarter 2019 Highlights Revenue increased 20% to $450.6 million (up 1% on an Acquisition-Adjusted1 basis)Net loss was $6.4 million, or $0.10 per shareAdjusted Net Income1 was $3.4 million, or $0.05 per shareAdjusted EBITDA1 decreased 1% to $46.0 million (down 16% on an Acquisition-Adjusted1 basis)Year-to-date net cash flows from operating activities of $54.9 million;
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