Celadon Group (CGI) Tops Q1 EPS by 2c

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Go back to Celadon Group (CGI) Tops Q1 EPS by 2c

Celadon Group Reports September Quarter Results And Declares Dividend

October 28, 2015 5:10 PM EDT

INDIANAPOLIS, Oct. 28, 2015 /PRNewswire/ -- Celadon Group Inc. (NYSE: CGI) today reported its financial and operating results for the three months ended September 30, 2015, the first fiscal quarter of the company's fiscal year, ending June 30, 2016.

Revenue for the quarter increased 37.6% to $266.1 million in the 2016 quarter from $193.4 million in the 2015 quarter.  Freight revenue, which excludes fuel surcharges, increased 50.8% to $237.8 million in the 2016 quarter from $157.7 million in the 2015 quarter.  Net income increased 42.5% to $11.4 million in the 2016 quarter from $8.0 million for the same quarter... More