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Proficient Auto Logistics Inc (PAL) Q3 2024 Earnings Call Highlights: Navigating Challenges ... [Yahoo! Finance]

Proficient Auto Logistics, Inc. (PAL) 
Company Research Source: Yahoo! Finance
Revenue per Unit (Excluding Fuel Surcharge): Approximately $169, down from $190 in the same quarter last year. Company Deliveries: 39% of revenue in Q3, up from 34% in 2023. Sub Haul Deliveries: 61% of revenue in Q3, down from 66% in 2023. October Units Delivered: Up 6.2% compared to October 2023. October Revenue per Unit: Down 15.2% year-over-year. Cash and Equivalents: Approximately $16.8 million as of September 30, 2024. Aggregate Debt Balance: Approximately $73.5 million at quarter end. Net Debt: $56.7 million. Total Common Shares Outstanding: 27 million, an increase of just over 1 million shares from the end of the second quarter. Warning! GuruFocus has detected 8 Warning Signs with PAA. Release Date: November 08, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Proficient Auto Logistics Inc ( NASDAQ:PAL ) added 66 truck and trailer units, increasing their fleet by approximately 10%, which enhances t Show less Read more
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