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Article: Old Dominion Freight Line Announces Third-Quarter Earnings of $0.28 Per Diluted Share.(Financial report)

Article from:
Economics Week
Article date:
November 6, 2009
Copyright

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) announced financial results for the third quarter ended September 30, 2009. Revenue for the quarter was $322.8 million compared with $415.9 million for the third quarter of 2008. Net income was $10.5 million, or $0.28 per diluted share, for the third quarter of 2009 compared with $23.4 million, or $0.63 per diluted share, for the third quarter of 2008. Old Dominion's operating ratio was 93.8% for the third quarter of 2009 versus 89.8% for the third quarter of 2008.

Revenue for the first nine months of 2009 was $934.1 million compared with $1,201.9 million for the comparable period in 2008. Net income was $25.2 ...

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