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Jun 30, 2023
Marten Transport Q2 2023 Earnings Report
Reported net income for the second quarter of 2023.
Key Takeaways
Marten Transport reported a net income of $21.9 million, or 27 cents per diluted share, for the second quarter ended June 30, 2023, compared to $31.7 million, or 39 cents per diluted share, for the second quarter of 2022. Operating revenue was $285.7 million for the second quarter of 2023 compared with $329.6 million for the second quarter of 2022.
Net income for Q2 2023 was $21.9 million, or 27 cents per diluted share.
Operating revenue for Q2 2023 was $285.7 million.
Operating income for Q2 2023 was $28.2 million.
Operating expenses as a percentage of operating revenue were 90.1% for the 2023 quarter.
Forward Guidance
Marten Transport is positioning its premium service solutions to capitalize on profitable organic growth opportunities as the market necessarily recovers.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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