Saia, Inc. (SAIA) Tops Q2 EPS by 17c, Revenues Beat

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Saia Reports Second Quarter Results

July 29, 2020 7:30 AM EDT

JOHNS CREEK, Ga., July 29, 2020 (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 2020 financial results.  Diluted earnings per share in the quarter were $1.07 compared to $1.40 in the second quarter of 2019.

Highlights from the second quarter operating results were as follows:

Second Quarter 2020 Compared to Second Quarter 2019 Results

Revenue was $418.1 million, a 9.9% decreaseOperating income was $35.7 million, a 30.3% decreaseOperating ratio of 91.5 compared to 89.0LTL shipments per workday... More