PAMT

First Quarter 2026 Summary Results Total revenues of $141.9 million Operating loss of $0.3 million Operating ratio of 100.2% Net loss of $0.01 million Diluted loss per share of $0.00 TONTITOWN, Ark., May 01, 2026--(BUSINESS WIRE)--PAMT CORP (NASDAQ: PAMT) ("we" or the "Company") today reported consolidated net loss of $0.01 million, or diluted and basic loss per share of $0.00, for the quarter ended March 31, 2026. The operating results for the first quarter of 2026 include the impact of a one-time $12.7 million gain on the sale of certain real property located in Laredo, Texas. The gain resulted in approximately $3.0 million of income tax expense, for a net after-tax benefit of approximately $9.7 million during the quarter. These results compare to a consolidated net loss of $8.1 million, or diluted and basic loss per share of $0.37, for the quarter ended March 31, 2025. Consolidated operating revenues decreased 8.7% to $141.9 million for the first quarter of 2026 compared to $155.3 million for the first quarter of 2025. Liquidity, Capitalization, and Cash Flow As of March 31, 2026, we had an aggregate of $141.1 million of cash, marketable equity securities, and available liquidity under our line of credit and $210.4 million of stockholders’ equity. Outstanding debt was $320.7 million as of March 31, 2026, which represents a $13.2 million decrease from December 31, 2025. During the first three months of 2026, we used $2.7 million in operating cash flow. Share Repurchases The Company also announced that it intends to more actively implement share repurchases during the second quarter of 2026 under the Company’s existing stock repurchase authorization. The specific timing and amount of the repurchases will depend upon prevailing market conditions, cash flows, securities law limitations and other factors. Repurchases, if any, under the program will be made at the discretion of management and will be made using the Company’s existing liquidity and free cash flow. Repurchases may be made in the open market, through Rule 10b5-1 programs, block trades or in privately negotiated transactions, including with related parties. The Company’s stock repurchase program was most recently extended and expanded in July 2023, when the Board of Directors reauthorized the Company’s purchase of up to 500,000 shares of its common stock. As of March 31, 2026, 472,845 shares remain...

Fourth Quarter 2025 Summary Results Total revenues of $141.3 million Operating loss of $38.1 million; non-GAAP adjusted operating loss of $11.6 million Operating ratio of 127.0%; non-GAAP adjusted operating ratio of 109.4%(1) Diluted loss per share of $1.40; non-GAAP adjusted diluted loss share of $0.45 Twelve months ended December 31, 2025 Summary Results Total revenues of $598.1 million Operating loss of $64.1 million; non-GAAP adjusted operating loss of $37.6 million Operating ratio of 110.7%; non-GAAP adjusted operating ratio of 107.1%(1) Diluted loss per share of $2.48; non-GAAP adjusted diluted loss per share of $1.55 TONTITOWN, Ark., February 13, 2026--(BUSINESS WIRE)--PAMT CORP (NASDAQ: PAMT) ("we" or the "Company") today reported a consolidated net loss of $29.3 million, or diluted and basic loss per share of $1.40, for the quarter ended December 31, 2025 and a consolidated net loss of $52.6 million, or diluted and basic loss per share of $2.48, for the year ended December 31, 2025. These results compare to a consolidated net loss of $31.6 million, or diluted and basic loss per share of $1.45, for the quarter ended December 31, 2024, and a consolidated net loss of $31.8 million, or diluted and basic loss per share of $1.45, for the year ended December 31, 2024. The Company increased its auto-liability reserve by approximately $26.5 million during the quarter ended December 31, 2025 reflecting the recognition of a liability associated with a specific claim expected to settle in excess of insurance policy limits. Excluding the negative impact of this reserve increase, adjusted (non-GAAP) net loss for the quarter ended December 31, 2025 was $9.4 million, or adjusted (non-GAAP) diluted loss per share of $0.45 and adjusted (Non-GAAP) net loss for the year ended December 31, 2025 was $32.8 million, or adjusted (non-GAAP) diluted loss per share of $1.55. In the prior year and quarter ended December 31, 2024, the Company made a change in accounting estimates related to salvage values and useful lives for revenue equipment that increased depreciation by approximately $24.7 million during those periods. In addition, an impairment charge of $6.4 million was recorded during the prior year and quarter ended December 31, 2024 to align the carrying value of revenue equipment to market values of used equipment, which declined throughout 2024. Excluding the negative...

TONTITOWN, Ark. (AP) — TONTITOWN, Ark. (AP) — PAMT CORP (PAMT) on Friday reported a loss of $29.3 million in its fourth quarter. On a per-share basis, the Tontitown, Arkansas-based company said it had a loss of $1.40. Losses, adjusted for one-time gains and costs, were 45 cents per share. The trucking company posted revenue of $141.3 million in the period. For the year, the company reported a loss of $52.6 million, or $2.48 per share. Revenue was reported as $598.1 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAMT at https://www.zacks.com/ap/PAMT

TONTITOWN, Ark. (AP) — TONTITOWN, Ark. (AP) — PAMT CORP (PAMT) on Tuesday reported a loss of $5.6 million in its third quarter. The Tontitown, Arkansas-based company said it had a loss of 27 cents per share. The trucking company posted revenue of $150.3 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAMT at https://www.zacks.com/ap/PAMT

Third Quarter 2025 Summary Results Total revenues of $150.3 million, down 17.7% YoY Operating loss of $5.7 million Operating ratio of 103.8% Diluted loss per share of $0.27 TONTITOWN, Ark., October 28, 2025--(BUSINESS WIRE)--PAMT CORP (NASDAQ: PAMT) ("we" or the "Company") today reported consolidated net loss of $5.6 million, or diluted and basic loss per share of $0.27, for the quarter ended September 30, 2025. These results compare to consolidated net income of $2.4 million, or diluted and basic earnings per share of $0.11, for the quarter ended September 30, 2024. Operating revenues decreased 17.7% to $150.3 million for the third quarter of 2025 when compared to $182.6 million for the third quarter of 2024. Liquidity, Capitalization, and Cash Flow As of September 30, 2025, we had an aggregate of $175.4 million of cash, marketable equity securities, and available liquidity under our line of credit and $239.5 million of stockholders’ equity. Outstanding debt was $342.4 million as of September 30, 2025, which represents a $16.9 million increase from December 31, 2024. During the first three quarters of 2025, we generated $23.1 million in operating cash flow. About PAMT CORP PAMT CORP is a holding company that owns subsidiaries engaged in providing truckload dry van carrier services transporting general commodities throughout the continental United States, as well as in the Canadian provinces of Ontario and Quebec. The Company’s consolidated operating subsidiaries also provide transportation services in Mexico through its gateways in Laredo and El Paso, Texas, under agreements with Mexican carriers. Forward-Looking Statements Certain information included in this document contains or may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may relate to expected future financial and operating results, prospects, plans or events, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, excess capacity in the trucking industry; surplus inventories; general inflation, recessionary economic cycles and downturns in customers'...

Second Quarter 2025 Summary Results Total revenues of $151.1 million, down 17.4% YoY Operating loss of $11.1 million Operating ratio of 107.3% Diluted loss per share of $0.46 TONTITOWN, Ark., July 25, 2025--(BUSINESS WIRE)--PAMT CORP (NASDAQ: PAMT) ("we" or the "Company") today reported consolidated net loss of $9.6 million, or diluted and basic loss per share of $0.46, for the quarter ended June 30, 2025. These results compare to consolidated net loss of $2.9 million, or diluted and basic loss per share of $0.13, for the quarter ended June 30, 2024. Operating revenues decreased 17.4% to $151.1 million for the second quarter of 2025 when compared to $182.9 million for the second quarter of 2024. Liquidity, Capitalization, and Cash Flow As of June 30, 2025, we had an aggregate of $177.1 million of cash, marketable equity securities, and available liquidity under our line of credit and $244.9 million of stockholders’ equity. Outstanding debt was $331.2 million as of June 30, 2025, which represents a $5.7 million increase from December 31, 2024. During the first half of 2025, we generated $17.2 million in operating cash flow. About PAMT CORP PAMT CORP is a holding company that owns subsidiaries engaged in providing truckload dry van carrier services transporting general commodities throughout the continental United States, as well as in the Canadian provinces of Ontario and Quebec. The Company’s consolidated operating subsidiaries also provide transportation services in Mexico through its gateways in Laredo and El Paso, Texas, under agreements with Mexican carriers. Forward-Looking Statements Certain information included in this document contains or may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may relate to expected future financial and operating results, prospects, plans or events, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, excess capacity in the trucking industry; surplus inventories; general inflation, recessionary economic cycles and downturns in customers' business cycles; a significant reduc...

TONTITOWN, Ark. (AP) — TONTITOWN, Ark. (AP) — PAMT CORP (PAMT) on Friday reported a loss of $9.6 million in its second quarter. On a per-share basis, the Tontitown, Arkansas-based company said it had a loss of 46 cents. The trucking company posted revenue of $151.1 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAMT at https://www.zacks.com/ap/PAMT

TONTITOWN, Ark., May 06, 2025--(BUSINESS WIRE)--PAMT CORP (NASDAQ: PAMT) (the "Company") today announced the final results of its modified "Dutch auction" tender offer to repurchase up to 435,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Thursday, May 1, 2025. In accordance with the terms and conditions of the tender offer, the Company has accepted for purchase a total of 870,000 shares of its common stock, representing approximately 4.0% of the Company’s issued and outstanding shares as of March 31, 2025, at a purchase price of $17.00 per share. Payment for the shares accepted for purchase under the tender offer will be made promptly, at a total cost to the Company of $14,790,000, excluding fees and expenses related to the offer. Based on the final count by Computershare Trust Company, N.A. ("Computershare"), the depositary for the tender offer, an aggregate of 874,323 shares were properly tendered and not properly withdrawn at or below the final purchase price of $17.00 per share. Because more than 435,000 shares of common stock were properly tendered and not properly withdrawn, the tender offer was oversubscribed. Computershare has informed the Company that the final proration factor for the tender offer is approximately 99.51545%. The Company will promptly pay for the shares accepted for purchase and return to tendering shareholders any shares tendered and not purchased. The Company expects to have approximately 20,920,658 shares of its common stock outstanding immediately following consummation of the tender offer. The total amount of shares purchased in the tender offer reflects the Company’s right to increase the tender offer by up to two percent of its outstanding shares. The Company may purchase additional shares in the future in the open market subject to market conditions and through private transactions, tender offers or otherwise. Under applicable securities laws, however, the Company may not repurchase any shares until May 16, 2025. Whether the Company makes additional repurchases in the future will depend on many factors, including the number of shares purchased in this tender offer, its business and financial performance and situation, the business and market conditions at the time, including the price of the shares, and other factors the Company considers relevant. The Company has retained Georgeson...

TONTITOWN, Ark., May 02, 2025--(BUSINESS WIRE)--PAMT CORP (NASDAQ: PAMT) (the "Company") today announced the preliminary results of its modified "Dutch auction" tender offer to purchase up to 435,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Thursday, May 1, 2025. Based on the preliminary count by Computershare Trust Company, N.A. ("Computershare"), the depositary for the tender offer, approximately 885,179 shares were properly tendered and not properly withdrawn at or below the expected final purchase price of $17.00 per share, including shares that were tendered through notices of guaranteed delivery. In accordance with the terms and conditions of the tender offer, the Company expects to acquire 870,000 of the shares tendered on a prorated basis, for an aggregate purchase price of approximately $14.8 million. These shares represent approximately 4.0% of the Company’s issued and outstanding shares as of March 31, 2025. The total amount of shares expected to be purchased in the tender offer includes the Company’s right to increase the tender offer by up to two percent of its outstanding shares. The determination of the final number of shares to be purchased and the final price per share is subject to confirmation by Computershare of the proper delivery of the shares validly tendered and not withdrawn. Due to the oversubscription of the tender offer, the Company expects to accept for purchase approximately 98.3% of the shares properly tendered and not properly withdrawn at or below the purchase price of $17.00 per share by each tendering shareholder. The number of shares to be purchased and the price per share are preliminary and are subject to verification by Computershare and subject to change for a number of reasons, including if some or all of the shares tendered through notices of guaranteed delivery are not delivered within the applicable two trading day settlement period. The actual number of shares to be purchased and the final price per share will be announced following the expiration of the guaranteed delivery period and completion of the confirmation process by Computershare and are not expected to be announced until at least May 6, 2025. Promptly after such announcement, Computershare will issue payment for the shares validly tendered and accepted for payment under the tender offer and will return shares...

Revenue: US$155.3m (down 15% from 1Q 2024). Net loss: US$8.14m (down from US$281.0k profit in 1Q 2024). US$0.37 loss per share (down from US$0.013 profit in 1Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 8.8%. Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Transportation industry in the US. Performance of the American Transportation industry. The company's share price is broadly unchanged from a week ago. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Pamt that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

First Quarter 2025 Summary Results Total revenues of $155.3 million, down 14.9% YoY Operating loss of $9.2 million Operating ratio of 105.9% Diluted loss per share of $0.37 TONTITOWN, Ark., April 23, 2025--(BUSINESS WIRE)--PAMT CORP (NASDAQ: PAMT) (the "Company") today reported a net loss of $8.1 million, or diluted and basic loss per share of $0.37, for the quarter ended March 31, 2025. These results compare to net income of $0.3 million, or diluted and basic earnings per share of $0.01, for the quarter ended March 31, 2024. Operating revenues decreased 14.9% to $155.3 million for the first quarter of 2025 when compared to $182.6 million for the first quarter of 2024. Liquidity, Capitalization, and Cash Flow As of March 31, 2025, we had an aggregate of $162.5 million of cash, marketable equity securities, and available liquidity under our line of credit and $269.6 million of stockholders’ equity. Outstanding debt was $309.2 million as of March 31, 2025, which represents a $16.3 million decrease from December 31, 2024. During the first quarter of 2025, we used $1.4 million in operating cash flow. About PAMT CORP PAMT CORP is a holding company that owns subsidiaries engaged in providing truckload dry van carrier services transporting general commodities throughout the continental United States, as well as in the Canadian provinces of Ontario and Quebec. The Company’s consolidated operating subsidiaries also provide transportation services in Mexico through its gateways in Laredo and El Paso, Texas, under agreements with Mexican carriers. Forward-Looking Statements Certain information included in this document contains or may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may relate to expected future financial and operating results, prospects, plans or events, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, excess capacity in the trucking industry; surplus inventories; general inflation, recessionary economic cycles and downturns in customers' business cycles; a significant reduction in or termination of t...

Revenue: US$714.6m (down 12% from FY 2023). Net loss: US$31.8m (down by 273% from US$18.4m profit in FY 2023). US$1.45 loss per share (down from US$0.83 profit in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) was also behind analyst expectations. The primary driver behind last 12 months revenue was the United States segment contributing a total revenue of US$448.1m (63% of total revenue). Notably, cost of sales worth US$600.9m amounted to 84% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$99.3m (68% of total expenses). Explore how PAMT's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Performance of the American Transportation industry. The company's shares are down 4.5% from a week ago. It is worth noting though that we have found 1 warning sign for Pamt that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.