2023-05-03 16:07:22 ET
- Yellow press release ( NASDAQ: YELL ): Q1 GAAP EPS of -$1.06 misses by $0.26 .
- Revenue of $1.16M (-99.9% Y/Y) misses by $1.18B .
- On a non-GAAP basis, the Company generated Adjusted EBITDA of $34.3 million in first quarter 2023 compared to $52.0 million in the prior-year comparable quarter.
- The operating ratio for first quarter 2023 was 100.8 compared to 99.3 in first quarter 2022.
- First quarter 2023 LTL tonnage per workday decreased 12.0% when compared to first quarter 2022.
For further details see:
Yellow GAAP EPS of -$1.06 misses by $0.26, revenue of $1.16M misses by $1.18B