Date: Thu, 20 Nov 1997 16:29:33 GMT Server: Apache/1.2.4 Connection: close Content-Type: text/html
Werner FinancialsAs one of the most financially stable transportation companies, we are pleased to provide our latest financial information on-line for you. The Company's common stock is traded on the NASDAQ National Market System under the symbol WERN. Omaha, Nebraska, October 15, 1997: Werner Enterprises, Inc. (Werner), a nationwide full-service transportation company, today reported record operating revenues and net income for the third quarter ended September 30, 1997. Operating revenues increased 20% to $200,237,000 compared to $167,155,000 for the same quarter of the prior year. Net income increased 21% to $14,199,000 ($.37 per share) for the third quarter of 1997, compared to $11,732,000 ($.31 per share) for the third quarter of 1996. Werner's revenue growth was due primarily to a 16% increase in the average number of tractors in service. Increased revenue from logistics transportation services also contributed to the growth. On August 9, 1996, Werner issued shares for a three-for-two common stock split effected in the form of a 50% stock dividend from authorized and unissued shares to stockholders of record on July 26, 1996. The number of shares of stock and the per share amounts below reflect the effect of the stock split. Quarter Ended September 30 1997 1996 Operating revenues $200,237,000 $167,155,000 Net income $ 14,199,000 $ 11,732,000 Average common shares outstanding 38,301,000 37,936,000 Earnings per share $ .37 $ .31 Nine Months Ended September 30 1997 1996 Operating revenues $565,921,000 $474,698,000 Net income $ 34,180,000 $ 29,043,000 Average common shares outstanding 38,159,000 37,836,000 Earnings per share $ .90 $ .77 The Company's common stock is traded on the Nasdaq National Market tier of the Nasdaq Stock Market under the symbol WERN. Previous financial press releases:
Annual 10K and 10Q Reports:
Werner Annual Report![]() ![]() For more information, send an E-mail to Werner@Werner.com. Last Update 10/16/97 |
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