USA Truck (USAK) Misses Q2 EPS Views; Provides Outlook

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Go back to USA Truck (USAK) Misses Q2 EPS Views; Provides Outlook

USA Truck Reports Second Quarter 2016 Results

August 3, 2016 7:01 AM EDT

Disposed of high-cost equipment during quarter, with additional fleet reductions planned over the remainder of 2016

USAT Logistics increased load count by 12% compared to year-ago quarter while maintaining gross margin percentage; continues to move toward goal of 50% of the Companys consolidated operating revenue

Q2 EPS of ($0.15), before adjustments, compared to EPS of $0.26 a year earlier, driven predominately by negative rate environment and lower volumes with certain dedicated customers

VAN BUREN, Ark.--(BUSINESS WIRE)-- USA Truck, Inc. (NASDAQ: USAK), a leading... More