YRC Worldwide, Inc. (YRCW) Posts Q1 Loss of $3.95/Share

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Go back to YRC Worldwide, Inc. (YRCW) Posts Q1 Loss of $3.95/Share

YRC Worldwide Reports 2014 First Quarter Results

May 1, 2014 8:29 AM EDT

OVERLAND PARK, Kan., May 1, 2014 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (Nasdaq: YRCW) today reported financial results for the first quarter of 2014.

Consolidated operating revenue for the first quarter of 2014 was $1.211 billion with consolidated operating loss reported at $32.4 million. As a comparison, the company reported consolidated operating revenue of $1.162 billion for the first quarter of 2013 and consolidated operating income of $9.9 million, which included a $4.5 million gain on asset disposals.

The company reported, on a non-GAAP basis, adjusted EBITDA of $23.4 million for the first quarter of 2014, as compared to adjusted EBITDA of $60.7... More