USA Truck 4Q Net Income Up 116%
USA Truck Inc., Van Buren, Ark., said its operating revenues, before fuel surcharge, were $74,185,014 for the fourth quarter, an increase of 10.2% from $67,288,025 for the same quarter of 2002
USA Truck Inc., Van Buren, Ark., said its operating revenues, before fuel surcharge, were $74,185,014 for the fourth quarter, an increase of 10.2% from $67,288,025 for the same quarter of 2002.
Net income increased 116.4% to $1,139,827 for the fourth quarter of 2003, compared to $526,746 for the same quarter of 2002. Diluted earnings per share for the quarter increased 100% to $0.12 compared to $0.06 for the same quarter of 2002.
For the 12 months ended Dec. 31, 2003, operating revenues, before fuel surcharge, increased 6.5% to $286,080,054, from $268,509,770 for the same period of 2002. Earnings increased 28.9% to $3,354,719 for the 12 months ended Dec. 31, compared to $2,601,834 for the same period of 2002.
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