PAMT Corp. has reported its financial results for the second quarter ended June 30, 2025. The company experienced a 17.4% decrease in total revenues, amounting to $151.1 million, compared to $182.9 million in the same quarter of the previous year. PAMT Corp. reported a consolidated net loss of $9.6 million for the quarter, a significant increase from the $2.9 million net loss recorded in the second quarter of 2024. The company also noted an operating loss of $11.1 million for the current quarter. As of June 30, 2025, PAMT Corp. held $177.1 million in cash, marketable equity securities, and available liquidity under its line of credit, with stockholders' equity totaling $244.9 million. The company's outstanding debt increased by $5.7 million from December 31, 2024, reaching $331.2 million. During the first half of 2025, PAMT Corp. generated $17.2 million in operating cash flow.
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