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.
