TL carrier Pamt books another loss in Q1

Pamt Corp., formerly Pam Transportation Services, saw another loss in the first quarter.

The Tontitown, Arkansas-based truckload carrier reported a net loss of $8.1 million, or 37 cents per share.

The result was negatively impacted compared to the year-ago quarter by lower non-operating income – primarily a decline in the market value of its equity securities portfolio (a 5-cent headwind) – and higher interest expense (a 4-cent headwind). Those items were offset by $3 million in gains on...

https://www.freightwaves.com/news/tl-carrier-pamt-books-another-loss-in-q1

Pamt Corp. books big loss in Q4

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