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Article: Allied Holdings Reports Third Quarter Results.

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PR Newswire
Article date:
October 22, 1998
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DECATUR, Ga., Oct. 22 /PRNewswire/ -- Allied Holdings, Inc. (NYSE: AHI) today reported results for the third quarter ended September 30, 1998. Revenues for the third quarter of 1998 were $217.5 million, compared with revenues of $91.4 million for the third quarter last year, an increase of 138 percent. The Company experienced a net loss of $5.0 million during the third quarter of 1998, versus a loss of $5.7 million during the third quarter of 1997. The basic and diluted loss per share for the third quarter of 1998 were $0.64, versus a basic and diluted loss per share of $0.73 in the third quarter of 1997.

The Company acquired Ryder's Automotive Carrier Group on ...

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