Celadon Group (CGI) Reports In-Line Q3 EPS

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Go back to Celadon Group (CGI) Reports In-Line Q3 EPS

Celadon Group Reports March Quarter Results And Declares Dividend

April 27, 2016 4:41 PM EDT

INDIANAPOLIS, April 27, 2016 /PRNewswire/ -- Celadon Group Inc. (NYSE : CGI) today reported its financial and operating results for the three months and nine months ended March 31, 2016, the third fiscal quarter of the Company's fiscal year ending June 30, 2016.

Revenue for the quarter increased 12.0% to $259.6 million in the March 2016 quarter from $231.7 million in the March 2015 quarter.  Freight revenue, which excludes fuel surcharges, increased 18.9% to $239.9 million in the March 2016 quarter from $201.7 million in the March 2015 quarter.  Net income decreased 39.5% to $5.2 million in the 2016 quarter... More