P.A.M. Transportation Services, Inc. Reports Strong Operating Results, Net Loss Driven by Stock Market Losses for the Quarter Ended March 31, 2020
P.A.M. Transportation Services, Inc. (PTSI)
US:NASDAQ Investor Relations:
annualreports.com/company/pam-transportation-services-inc
Company Research
Source: GlobeNewswire
TONTITOWN, Ark., April 14, 2020 (GLOBE NEWSWIRE) -- P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) today reported operating income of $9.5 million for the quarter ended March 31, 2020 which represents a 2.1% decrease compared to operating income of $9.7 million for the record setting first quarter ended March 31, 2019. The Company reported a net loss of $1.3 million, or diluted and basic loss per share of $0.23, for the quarter ended March 31, 2020. These results compare to net income of $8.3 million, or diluted earnings per share of $1.39 ($1.40 basic), for the quarter ended March 31, 2019. Each of these periods included unrealized non-cash gains and losses associated with the Company’s investments in marketable equity securities. Excluding the impact of these items, adjusted (non-GAAP) net income for the quarter ended March 31, 2020 was $5.1 million, or adjusted (non-GAAP) diluted and basic earnings per share of $0.88. This compares to adjusted (non-GAAP) net income for the q
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PTSI
News
- P.A.M. Transportation Services, Inc. Converts to PAMT CORP, a Nevada Corporation [Yahoo! Finance]Yahoo! Finance
- P.A.M. Transportation Services, Inc. Converts to PAMT CORP, a Nevada CorporationBusiness Wire
- P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) had its price target lowered by analysts at Stephens from $22.00 to $19.00. They now have an "equal weight" rating on the stock.MarketBeat
- P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- P.A.M. Transportation Services GAAP EPS of $0.11 beats by $0.01, revenue of $182.57M [Seeking Alpha]Seeking Alpha
PTSI
Analyst Actions
- 10/29/24 - Stephens & Co.
PTSI
Sec Filings
- 11/13/24 - Form 8-K/A
- 11/12/24 - Form 8-K
- 11/6/24 - Form 10-Q
- PTSI's page on the SEC website