Marten Transport (MRTN) Tops Q4 EPS by 2c, Revenues Beat
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Marten Transport Announces Fourth Quarter and Year End Results
January 26, 2021 4:01 PM ESTMONDOVI, Wis., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS: MRTN) today reported the highest operating revenue and operating income for any quarter and year in Martens history. For the fourth quarter ended December 31, 2020, net income improved 24.5% to $19.6 million, or 24 cents per diluted share, from $15.7 million, or 19 cents per diluted share, for the fourth quarter of 2019. For the year ended December 31, 2020, net income improved 13.8% to $69.5 million, or 84 cents per diluted share, from $61.1 million, or 74 cents per diluted share, for 2019.
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