Werner Enterprises reports Q3 23 results

PRESS RELEASE

November 1, 2023

Third Quarter 2023 Highlights (all metrics compared to third quarter 2022)

– Total revenues of $817.7 million, down 1%

– Operating income of $37.9 million, down 50%; non-GAAP adjusted operating income of $41.9 million, down 47%

– Operating margin of 4.6%, down 460 basis points; non-GAAP adjusted operating margin of 5.1%, down 450 basis points

– Diluted EPS of $0.37, down 57%; non-GAAP adjusted diluted EPS of $0.42, ...