Daseke Reports Results for Second Quarter 2022

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Daseke, Inc. (DSKE) Tops Q2 EPS by 4c

August 2, 2022 7:51 AM EDT

Daseke, Inc. (NASDAQ: DSKE) reported Q2 EPS of $0.42, $0.04 better than the analyst estimate of $0.38. Revenue for the quarter came in at $481.3 million versus the consensus estimate of $427.39 million.

Capital Summary and Outlook:

At June 30, 2022, Daseke had cash and cash equivalents of $152.0 million, as well as $125.3 million available under its revolving credit facility, for total available liquidity of $277.3 million. Total debt was $604.3 million and net debt was $452.3 million. This compares to cash and cash equivalents of $147.5 million and $107.8 million available under the revolving credit facility, total available liquidity of $255.3 million, total... More