USA Truck Inc. (Nasdaq:
USAK) is up more than 25% today after announcing better-than-expected second-quarter earnings. For the quarter ended June 30, net income was $2.1 million, or $0.21 per share, compared with $1.6 million, or $0.15 per share, for the same quarter a year ago. Revenues for the
Van Buren, Ark.-based trucking company were $146.1 million, up from $124.4 million for the quarter a year earlier. Wall Street was expecting a net loss of $0.10 per share on revenues of $130.6 million.
Shares of USA Truck are at $12.50 at 10:16 a.m. ET, up $2.54 from Wednesday’s close. Trading volume is nearly triple the average number of shares.
For detailed price information and recent news stories about USA Truck Inc., click USAK.
