Heartland Express, Inc. Reports Record Results for the Second Quarter of 2022
NORTH LIBERTY, Iowa, July 25, 2022 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (NASDAQ:HTLD) announced today financial results for the three and six months ended June 30, 2022. Three months ended June 30, 2022: Net Income of $76.9 million,Basic Earnings per Share of $0.97,Operating Income of $105.1 million,Operating Ratio of 44.1% and 78.9% Non-GAAP Adjusted Operating Ratio(1),Total Assets of $1.1 billion,Stockholders' Equity of $817.9 million,Operating Revenue of $187.8 million,Monetized a terminal property, resulting in a $73.2 million gain ($0.68 basic earnings per share),Cash Balance of $171.9 million. Six months ended June 30, 2022: Net Income of $93.7 million, and Basic Earnings
