P.A.M. Transportation Services, Inc. Announces Results for the Fourth Quarter and Year Ended December 31, 2019
P.A.M. Transportation Services, Inc. (PTSI)
US:NASDAQ Investor Relations:
annualreports.com/company/pam-transportation-services-inc
Company Research
Source: GlobeNewswire
TONTITOWN, Ark., Feb. 24, 2020 (GLOBE NEWSWIRE) -- P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) today reported a net loss of $13.6 million, or diluted and basic loss per share of $2.37, for the quarter ended December 31, 2019 and net income of $7.9 million, or diluted earnings per share of $1.34 ($1.35 basic), for the year ended December 31, 2019. Net income and diluted earnings per share for the fourth quarter and year ended December 31, 2019 include the negative impact of estimated amounts reserved for the anticipated settlement of a lawsuit which claims that the Company was in violation of minimum wage laws with regard to certain activities performed by employee drivers and for a similar suit brought against the Company by certain individuals who assert that they were misclassified as owner operators. Excluding the negative impact of these litigation charges, adjusted (non-GAAP) net income for the quarter ended December 31, 2019 was $1.6 million, or adjusted (non-GAAP) dil
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PTSI
Sec Filings
- 4/30/24 - Form SC
- 4/29/24 - Form 10-K/A
- 4/24/24 - Form SC
- PTSI's page on the SEC website