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P.A.M. Transportation Services, Inc. - PTSI STOCK NEWS

Welcome to our dedicated news page for P.A.M. Transportation Services (Ticker: PTSI), a resource for investors and traders seeking the latest updates and insights on P.A.M. Transportation Services.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect P.A.M. Transportation Services's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of P.A.M. Transportation Services's position in the market.

News
P.A.M. Transportation Services, Inc. Commences Self Tender Offer to Purchase up to 550,000 Shares
Rhea-AI Summary
P.A.M. Transportation Services, Inc. has initiated a self-tender offer to buy back up to 550,000 shares through a Dutch auction.
Rhea-AI Impact
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End-of-Day
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P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2024
Rhea-AI Summary
P.A.M. Transportation Services, Inc. reported a net income of $0.3 million and diluted EPS of $0.01 for the first quarter ended March 31, 2024. Operating revenues decreased by 17.6% to $182.6 million compared to the same period last year. The operating loss was $0.7 million with an operating ratio of 100.4%. The company's focus is on cost reduction and efficiency improvements to navigate the challenging truckload market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
Tags
earnings
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News
CORRECTING and REPLACING P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2024
Rhea-AI Summary
P.A.M. Transportation Services, Inc. reported total revenues of $182.6 million, down by 17.6% YoY, with an operating loss of $0.7 million and an operating ratio of 100.4% for the first quarter ended March 31, 2024. The diluted EPS was $0.01. The company's net income was $0.3 million, with diluted and basic earnings per share of $0.01, compared to $5.2 million in net income for the same period in 2023. Operating revenues decreased by 17.6% to $182.6 million. The President highlighted the challenging truckload market environment and emphasized cost reduction and efficiency improvement strategies. The company's liquidity stood at $185.7 million, with $314.6 million in stockholders' equity and outstanding debt of $271.6 million as of March 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
Tags
earnings
News
P.A.M. Transportation Services, Inc. Announces Results for the Fourth Quarter and Year Ended December 31, 2023
Rhea-AI Summary
P.A.M. Transportation Services, Inc. (PTSI) reported a consolidated net loss of $2.2 million for the quarter ended December 31, 2023, with a diluted loss per share of $0.10. Consolidated operating revenues decreased by 24.2% to $180.2 million for the fourth quarter of 2023 compared to the same period in 2022. The company's President attributed the weak freight environment and the impact of the UAW strike as the primary reasons for the challenging business backdrop. Despite this, the company had an aggregate of $203.7 million of cash, marketable equity securities, and available liquidity under their line of credit as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
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earnings
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P.A.M. Transportation Services, Inc. Announces Results for the Third Quarter Ended September 30, 2023
Rhea-AI Summary
P.A.M. Transportation Services reports third quarter 2023 results with a decrease in revenues and income compared to the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.36%
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earnings
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P.A.M. Transportation Services, Inc. Announces Results for the Second Quarter Ended June 30, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
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earnings
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P.A.M. Transportation Services, Inc. Announces Results for the First Quarter Ended March 31, 2023
Rhea-AI Summary
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End-of-Day
-2.33%
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P.A.M. Transportation Services, Inc. Reports Second Consecutive Year of Record Annual Operating Results
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Rhea-AI Sentiment
End-of-Day
1.32%
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P.A.M. Transportation Services, Inc. Announces Results for the Third Quarter Ended September 30, 2022
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
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P.A.M. Transportation Services, Inc. Announces Results For The Second Quarter Ended June 30, 2022
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.02%
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Stock PTSI logo
P.A.M. Transportation Services, Inc.

Nasdaq:PTSI

PTSI Rankings

#3202 Ranked by Market Cap
#4439 Ranked by Stock Gains
N/A Ranked by Dividends

PTSI Stock Data

325.23M
5.81M
72.79%
23.05%
0.1%
General Freight Trucking, Long-Distance, Truckload
Transportation and Warehousing
Link
United States
Tontitown

About PTSI

pam transport, inc. was founded in 1980. pam transportation services inc. is a transportation holding company and was incorporated in 1986. the corporate offices for pam are located in northwest arkansas’ beautiful ozark mountains in the tranquil community of tontitown, arkansas. over the years, pam has experienced growth not only by greatly increasing its customer base but also by acquisitions. our focus is providing exceptional service to our customers. we are able to provide nationwide dry van truckload, expedited truckload, intermodal, and logistics services to the manufacturing, retail, and automotive industries. we also provide direct service into the canadian provinces of ontario and quebec. through marketing agreements, we are able to serve mexico over our border crossings in laredo and el paso, tx. at pam, our slogan is "our service makes the difference". we believe we have to have excellent people behind the wheel and behind the scenes to make it all happen. if you are in