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USA Truck Plans to Cut Costs Following Disappointing Q3 Earnings

November 1, 2019


USA Truck posted disappointing earnings when the Van Buren, Ark.-based carrier released its third-quarter financial report Oct. 31.

The company’s year-over-year net income fell to a loss of nearly $1.4 million, or a negative 16 cents per share, after reporting a profit last year of $3.3 million, or 40 cents a share, in 2018.

Revenue declined 1.2% to $130.9 million from $132.5 million in the same period a year ago.

The company’s numbers missed Wall Street’s expectations, which were anticipating a price of 10 cents per share.

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