Saia, Inc. (SAIA) Tops Q2 EPS by 5c

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Saia Reports Second Quarter Earnings per Share of $0.68

July 28, 2017 7:30 AM EDT

JOHNS CREEK, Ga., July 28, 2017 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported second quarter 2017 financial results.

Second Quarter 2017 Compared to Second Quarter 2016 Results

Revenues were $358.2 million, a 14.8% increaseLTL Shipments and Tonnage rose 7.4% and 7.1%, respectivelyLTL Revenue per hundredweight increased 7.3%Operating ratio improved by 130 basis points to 91.7%Operating income increased by 36.8% to $29.7 millionNet income rose 32.6% to $17.6 millionDiluted earnings per share were $0.68... More