USA Truck (USAK) Tops Q1 EPS by 5c, Sales Miss

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Go back to USA Truck (USAK) Tops Q1 EPS by 5c, Sales Miss

USA Truck Reports First Quarter 2016 Results

May 5, 2016 7:00 AM EDT

New management team moving forward to accelerate earnings improvement

Asset-light division rebranded USAT Logistics, reflecting strength of 3PL capabilities

Streamlining of network and overhead reductions drive $5.3 million, or $0.34 per share in costs

Adjusted 1Q 2016 EPS of $0.15 (a), before restructuring, impairment and other costs of $0.34, resulting in GAAP loss per share of $(0.19) for 1Q 2016, compared with $0.20 and $0.16 of adjusted and GAAP EPS, respectively, year over year

VAN BUREN, Ark.--(BUSINESS WIRE)-- USA Truck, Inc.... More