Pamt Corp., formerly Pam Transportation Services, booked a big net loss during the fourth quarter.
Pamt Corp. (NASDAQ: PAMT) reported a headline net loss of $31.6 million, or $1.45 per share. The result included a $24.7 million one-time depreciation adjustment and a $6.4 million impairment tied to a drop in equipment valuations. Excluding the one-offs, the company booked an adjusted net loss of $7.8 million, or 36 cents per share.
The result fell short of a lone analyst estimate of 7 cents per...
https://www.freightwaves.com/news/pamt-corp-books-big-loss-in-q4