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Stock impact report

Proficient Auto Logistics Reports Preliminary Fourth Quarter 2024 Financial Results [Yahoo! Finance]

Proficient Auto Logistics, Inc. (PAL) 
Company Research Source: Yahoo! Finance
14 min read In This Article PAL JACKSONVILLE, Fla., February 11, 2025 BUSINESS WIRE )--Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the "Company" or "Proficient") today reported its preliminary financial results for the three months ended December 31, 2024, and comparative summary financial information for the Founding Companies (as defined below) on a combined basis for the three months ended December 31, 2023. Fourth Quarter Summary (fourth quarter 2023 information on a combined basis) Total Operating Revenue of $95.1 million, increased 4% from Q3; decreased 15.9% from Q4 2023 Total Operating Income/Loss of ($1.9) million, versus ($2.2) million Q3 and $9.4 million Q4 2023 Adjusted Operating Income of $1.7 million, versus $1.1 million Q3 and $9.4 million Q4 2023 Adjusted Operating Ratio of 98.3% compared to 98.8% in Q3 and 91.7% Q4 2023 Total Units delivered of 521,476 an increase of 4% from Q3 and decrease of 4% from Q4 2023 Rick O'Dell, Proficient's Chief Exe Show less Read more
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