P.A.M. Transportation Services (PTSI) Reports Q2 EPS of $0.61

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P.A.M. Transportation Services, Inc. Announces Results for the Second Quarter Ended June 30, 2016

July 27, 2016 11:40 AM EDT

TONTITOWN, Ark., July 27, 2016 (GLOBE NEWSWIRE) -- P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) today reported net income of $3,992,224, or diluted and basic earnings per share of $0.61 for the quarter ended June 30, 2016, and net income of $6,926,876, or diluted and basic earnings per share of $1.01 for the six month period then ended. These results compare to net income of $7,039,203, or diluted earnings per share of $0.94 ($0.95 basic), and net income of $12,408,422, or diluted earnings per share of $1.66 ($1.67 basic), respectively, for the three and six months ended June 30, 2015.

Base revenue, which excludes fuel... More