P.A.M. Transportation beats fourth quarter expectations

February 14, 2023 at 10:05 a.m.

by Associated Press

Some of the trucks that Diamond International prepared for P.A.M. Transportation Services Inc. are shown in this undated file photo. (NWA Democrat-Gazette/Anthony Reyes)
Some of the trucks that Diamond International prepared for P.A.M. Transportation Services Inc. are shown in this undated file photo. (NWA Democrat-Gazette/Anthony Reyes)

TONTITOWN — P.A.M. Transportation Services Inc. (PTSI) on Monday reported profit of $18 million in its fourth quarter.

On a per-share basis, the Tontitown, Arkansas-based company said it had net income of 81 cents. Earnings, adjusted for non-recurring costs, were $1.08 per share.

The trucking company posted revenue of $237.6 million in the period.

For the year, the company reported profit of $90.7 million, or $4.04 per share. Revenue was reported as $946.9 million.

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