PAMT Corp. Posts $5.6 Million Net Loss as Revenues Fall 17.7%

Reuters
2025.10.28 20:16
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PAMT Corp. reported a net loss of $5.6 million for Q3 2025, a significant decline from a net income of $2.4 million in Q3 2024. Revenues fell by 17.7% to $150.3 million, with an operating loss of $5.7 million and an operating ratio of 103.8%. As of September 30, 2025, the company had $175.4 million in cash and liquidity, while outstanding debt rose to $342.4 million. Operating cash flow for the first three quarters of 2025 was $23.1 million.