PAMT Corp., a Tontitown-based carrier, reported a net loss of $5.58 million in the third quarter of 2025, compared to earnings of $2.41 million in the same period last year.
Revenue declined by 17.69% to $150.26 million, down from $182.57 million. The company's loss per share was 27 cents, compared to a gain of 11 cents per share in the same quarter last year.
In August, PAMT promoted Lance Stewart to president, CEO, and company director, replacing Joe Vitiritto, who resigned on June 27 for family reasons.
Through the first three quarters of 2025, PAMT reported a loss of $23.35 million, compared to a loss of $217,000 in the same period last year. Revenue fell by 16.67% to $456.74 million, down from $548.11 million.
No comment provided by the company regarding the loss.
Author's summary: PAMT Corp reports Q3 loss exceeding $5 million.