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P.A.M. Transportation Services Posts Profit In Q2 - Quick Facts

July 27, 2010, Tuesday, 16:53 GMT | 11:53 EST | 21:23 IST | 23:53 SGT

(RTTNews) - Tuesday, P.A.M. Transportation Services Inc. (PTSI) reported profit for the second-quarter backed by higher revenues for the quarter. For the quarter, net income was $1.26 million or $0.13 per share compared to a net loss of $2.36 million or $0.25 per share in the same quarter last year.

Operating revenues, including revenue from fuel surcharges, were $85.24 million, up 24.5% from $68.48 million in the comparable quarter last year.

PTSI is currently trading at $15.34, up $0.39 or 2.61%, on a volume of 7,517 shares on the Nasdaq.