Forward Air (FWRD) Misses Q2 EPS by 10c
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Forward Air Corporation Reports Second Quarter 2015 Results
July 21, 2015 4:05 PM EDTGREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) today reported operating revenue, income from operations, net income and diluted earnings per share for the three and six months ended June 30, 2015.
Operating revenue for the quarter ended June 30, 2015 increased 28.8% to $249.7 million from $193.9 million for the same quarter in 2014. Income from operations was $19.9 million, compared to $27.6 million in the prior-year quarter. Net income during the period was $11.8 million compared to $17.2 million in the second quarter of 2014. Net income per diluted share for the second quarter of 2015 was $0.38 compared to $0.55 in the prior-year quarter.
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