Revenue Update on USA Truck(NASDAQ:USAK)

USA Truck(NASDAQ:USAK) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $109.89M. Analysts estimated a revenue of $113.18M. Earnings per share were $-0.10. Analysts had estimated an EPS of $0.19.

USA Truck (USAK) shares turned negative on Fridays trading session with the shares closing down -0.09 points or -0.72% at a volume of 95,254. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $12.86. The peak price level was also seen at $12.86 while the days lowest was $12.35. Finally the shares closed at $12.47. The 52-week high of the shares is $23.25 while the 52-week low is $11.28. According to the latest information available, the market cap of the company is $105 M.

Several Insider Transactions has been reported to the SEC. On Jun 7, 2016, Thomas M Glaser (director) purchased 2,493 shares at $19.85 per share price.Also, On May 16, 2016, Barbara J Faulkenberry (director) purchased 20 shares at $19.92 per share price.On May 11, 2016, Mary Susan Chambers (director) purchased 1,000 shares at $20.07 per share price, according to the Form-4 filing with the securities and exchange commission.

USA Truck Inc. offers a range of truckload and logistics services to a diversified customer base that spans a variety of industries. The Company operates through two segments: Trucking and Strategic Capacity Solutions (SCS). Trucking segment comprises the Company’s truckload and dedicated freight service offerings. SCS segment consists of the Company’s freight brokerage and rail intermodal service offerings. It transports commodities throughout the continental United States and into and out of portions of Canada. It also transports general commodities into and out of Mexico by allowing through-trailer service from its terminal in Laredo Texas. The Company’s fleet includes approximately 1987 tractors (including tractors owned by independent contractors). It primarily operates in the United States and also has operations in Mexico and Canada.

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