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ArcBest® Announces Fourth Quarter 2020 And Full Year 2020 Results
- Fourth quarter 2020 revenue of $816.4 million, and net income of $23.9 million, or $0.89 per diluted share. On a non-GAAP(1) basis, fourth quarter 2020 net income of $26.0 million, or $0.97 per diluted share.
- ArcBest non-GAAP operating income is the second-best since 2006.
- Profit-sharing bonus to union-represented ABF Freight employees for the second year in a row.
- As recently announced, share repurchase amount restored to $50 million.
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FORT SMITH, Ark., Feb. 2, 2021 /PRNewswire/ ArcBest
® (Nasdaq: ARCB), a leader in supply chain logistics, today reported fourth quarter 2020 revenue of $816.4 million compared to fourth quarter 2019 revenue of $717.4 million.  ArcBest s fourth quarter 2020 operating income was $30.3 million compared to an operating loss of $11.2 million the previous year, and net income of $23.9 million, or $0.89 per ....

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