Saia, Inc. (SAIA) Tops Q1 EPS by 16c

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Go back to Saia, Inc. (SAIA) Tops Q1 EPS by 16c

Saia Reports First Quarter Results

April 28, 2023 7:30 AM EDT

JOHNS CREEK, Ga., April 28, 2023 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported first quarter 2023 financial results.  Diluted earnings per share for the quarter were $2.85 compared to $2.98 in the first quarter of 2022. 

Highlights from the first quarter operating results were as follows:

First Quarter 2023 Compared to First Quarter 2022 Results

Revenue was $660.5 million, a 0.1% decreaseOperating income was $99.1 million, a 4.2% decreaseOperating ratio of 85.0% compared to 84.4%LTL shipments per workday decreased... More