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Jun 30, 2021
Marten Transport Q2 2021 Earnings Report
Marten Transport's earnings increased in Q2 2021 due to strong freight demand and efficient operations.
Key Takeaways
Marten Transport reported a strong Q2 2021, marked by significant increases in revenue, earnings per share, and operating income. The company effectively capitalized on high freight demand and maintained operational efficiency.
Revenue increased to $266.9 million, up from $222.7 million in the prior year quarter.
Earnings per share rose to $0.42, compared to $0.24 in Q2 2020.
Operating income reached $27.5 million, a substantial increase from $16.4 million in the same quarter last year.
The company benefited from strong freight demand and efficient operations.
Marten Transport
Marten Transport
Forward Guidance
Marten Transport did not provide specific financial guidance for future periods in the Q2 2021 earnings report.