Marten Transport (MRTN) Tops Q1 EPS by 8c

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Marten Transport Announces First Quarter Results

April 14, 2015 4:01 PM EDT

MONDOVI, Wis., April 14, 2015 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS: MRTN) today reported a 92.7% increase in net income to $10.2 million, or 30 cents per diluted share, for the first quarter ended March 31, 2015, from $5.3 million, or 16 cents per diluted share, for the first quarter of 2014. Results for the first quarter of 2015 included a gain on the disposition of a facility of $3.7 million, or 6 cents per diluted share. The disposition is part of the Company's ongoing program to expand and update the footprint of its facilities throughout the United States.

Operating revenue, consisting of revenue from truckload,... More