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Daseke Reports Record Results for Second Quarter of 2021 and Raises 2021 Outlook Strong operational execution and improving demand combine to drive record quarterly Operating Ratio and Adjusted EBITDA leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
Article content ADDISON, Texas, May 07, 2021 (GLOBE NEWSWIRE) Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today reported financial results for the quarter ended March 31, 2021. First Quarter Highlights: Revenue of $333.9 million Net loss of $7.3 million, or ($0.13) per share attributable to common stockholders, compared to net loss of $16.3 million in last year’s first quarter Adjusted Net Income ex-Aveda was $4.1 million, or $0.04 per share attributable to common stockholders Adjusted EBITDA was $35.5 million Cash flows from operating activities of $29.5 million and Free Cash Flow of $34.4 million Delivered Operating Ratio (“OR”) of 97.6% and Adjusted Operating Ratio of 95.6% ....