Celadon Group (CGI) Posts Mixed Q4 Results

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Celadon Group Reports June Quarter And Full Fiscal Year Results And Declares Dividend

September 1, 2016 6:10 PM EDT

INDIANAPOLIS, Sept. 1, 2016 /PRNewswire/ -- Celadon Group, Inc. (NYSE: CGI) today reported its financial and operating results for the three months and fiscal year ended June 30, 2016, the fourth fiscal quarter of the Company's fiscal year ended June 30, 2016.

June Quarter and FY2016 ResultsRevenue for the quarter increased $11.0 million, or 4.3%, to $264.3 million in the June 2016 quarter from $253.3 million in the June 2015 quarter.  Freight revenue, which excludes fuel surcharges, increased $18.4 million, or 8.2%, to $241.7 million in the June 2016 quarter from $223.3 million in the June 2015 quarter.... More