Werner acquires ReedTMS Logistics
PRESS RELEASE Werner Enterprises Expands and Diversifies its Logistics Capabilities with the Acquisition of ReedTMS Logistics OMAHA, ...
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, ...
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