Marten Transport (MRTN) Tops Q1 EPS by 1c, Revenues Miss
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Marten Transport Announces First Quarter Results
April 16, 2019 4:01 PM EDTMONDOVI, Wis., April 16, 2019 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS: MRTN) today reported a 31.1% improvement in net income to $13.5 million, or 25 cents per diluted share, for the first quarter ended March 31, 2019, from $10.3 million, or 19 cents per diluted share, for the first quarter of 2018.
Operating revenue improved 6.5% to $199.0 million for the first quarter of 2019 from $187.0 million for the first quarter of 2018, and improved 12.3% to $799.7 million for the trailing twelve months ended March 31, 2019 from $711.9 million for the similar period ended March 31, 2018. Excluding fuel surcharges, operating revenue improved 7.1% to $175.5 million for the 2019... More
