8-K - PAMT CORP (0000798287) (Filer)
8-K - PAMT CORP (0000798287) (Filer)
10-Q - PAMT CORP (0000798287) (Filer)
SC TO-I/A - PAMT CORP (0000798287) (Subject)
SC TO-I/A - PAMT CORP (0000798287) (Subject)
SC TO-I/A - PAMT CORP (0000798287) (Subject)
8-K - PAMT CORP (0000798287) (Filer)
SC TO-I/A - PAMT CORP (0000798287) (Subject)
DEF 14A - PAMT CORP (0000798287) (Filer)
SC TO-I - PAMT CORP (0000798287) (Subject)
4 - PAMT CORP (0000798287) (Issuer)
4 - PAMT CORP (0000798287) (Issuer)
4 - PAMT CORP (0000798287) (Issuer)
4 - PAMT CORP (0000798287) (Issuer)
4 - PAMT CORP (0000798287) (Issuer)
4 - PAMT CORP (0000798287) (Issuer)
4 - PAMT CORP (0000798287) (Issuer)
PAMT CORP (NASDAQ:PAMT) (the "Company") today announced the final results of its modified "Dutch auction" tender offer to repurchase up to 435,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Thursday, May 1, 2025. In accordance with the terms and conditions of the tender offer, the Company has accepted for purchase a total of 870,000 shares of its common stock, representing approximately 4.0% of the Company's issued and outstanding shares as of March 31, 2025, at a purchase price of $17.00 per share. Payment for the shares accepted for purchase under the tender offer will be made promptly, at a total cost to the Company of $14,790,000, excluding fee
PAMT CORP (NASDAQ:PAMT) (the "Company") today announced the preliminary results of its modified "Dutch auction" tender offer to purchase up to 435,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Thursday, May 1, 2025. Based on the preliminary count by Computershare Trust Company, N.A. ("Computershare"), the depositary for the tender offer, approximately 885,179 shares were properly tendered and not properly withdrawn at or below the expected final purchase price of $17.00 per share, including shares that were tendered through notices of guaranteed delivery. In accordance with the terms and conditions of the tender offer, the Company expects to acqu
First Quarter 2025 Summary Results Total revenues of $155.3 million, down 14.9% YoY Operating loss of $9.2 million Operating ratio of 105.9% Diluted loss per share of $0.37 PAMT CORP (NASDAQ:PAMT) (the "Company") today reported a net loss of $8.1 million, or diluted and basic loss per share of $0.37, for the quarter ended March 31, 2025. These results compare to net income of $0.3 million, or diluted and basic earnings per share of $0.01, for the quarter ended March 31, 2024. Operating revenues decreased 14.9% to $155.3 million for the first quarter of 2025 when compared to $182.6 million for the first quarter of 2024. Liquidity, Capitalization, and Cash Flow As of March 31, 20
PAMT CORP (NASDAQ:PAMT) (the "Company") today announced that it has increased the minimum purchase price in its modified "Dutch auction" tender offer (the "Offer") to purchase up to 435,000 shares of its common stock, par value $0.01 per share (the "common stock"). The Company is offering to purchase its common stock at a price per share not less than $14.50 and not greater than $17.00. Tendering stockholders may continue to use the Letter of Transmittal which was previously circulated. While that Letter of Transmittal indicates that PAMT is offering to pay $14.00 to $17.00 per share, stockholders using that Letter of Transmittal will nevertheless be subject to the increased minimum of $14.
PAMT CORP (NASDAQ:PAMT) (the "Company") today announced the commencement of a modified "Dutch auction" tender offer to purchase up to 435,000 shares, or about 2.0%, of its outstanding common stock at a price of not less than $14.00 and not more than $17.00 per share. The tender offer will expire at 5:00 p.m., Eastern Time, on May 1, 2025, unless extended or withdrawn. The Company anticipates paying for the shares tendered in the offer from its available cash and cash equivalents but may utilize funds borrowed under its existing line of credit. The Board of Directors determined that it is in the Company's best interest to repurchase shares at this time given the Company's financial condition
Fourth Quarter 2024 Summary Results Total revenues of $166.5 million Operating loss of $37.7 million Operating ratio of 122.6% and adjusted operating ratio (non-GAAP) of 104.5%(1) Diluted loss per share of $1.45 Twelve months ended December 31, 2024 Summary Results Total revenues of $714.6 million Operating loss of $36.8 million Operating ratio of 105.1% and adjusted operating ratio (non-GAAP) of 100.9%(1) Diluted loss per share of $1.45 PAMT CORP (NASDAQ:PAMT) ("we" or the "Company") today reported consolidated net loss of $31.6 million, or diluted and basic loss per share of $1.45, for the quarter ended December 31, 2024 and consolidated net loss of $31.8 mil