Proficient Auto Logistics, Inc

Proficient Auto Logistics, Inc. announced that its Chairman and CEO, Rick O’Dell, and CFO, Brad Wright, will attend the William Blair Growth Stock Conference on June 2, 2026, to meet with investors. Materials from these meetings will be available on the company's website. Additionally, the company will host an investor conference call on Monday, August 10, 2026, at 5:00 p.m. EDT to discuss its operating and financial results for the three months ended June 30, 2026. A press release detailing these results will be issued an hour prior to the call.

Proficient Auto Logistics, Inc. announced that its Chairman and CEO, Rick O’Dell, and CFO, Brad Wright, will attend the William Blair Growth Stock Conference on June 2, 2026, to meet with investors. The company also scheduled an investor conference call for August 10, 2026, at 5:00 p.m. EDT to discuss its operating and financial results for the three months ended June 30, 2026. A press release disclosing these results will be issued an hour before the call.

Proficient Auto Logistics reported a net loss of $6.49 million for the first quarter of 2026, significantly wider than the $3.19 million loss in the same period last year. Total operating revenue decreased by 1.59% to $93.69 million. The company also saw a substantial increase in its operating loss, which grew to $6.93 million from $2.36 million year-over-year. Additionally, the company recognized a $25.6 million goodwill impairment in its Subhauler reporting unit as of November 30, 2025.

Proficient Auto Logistics reported a Q1 2026 net loss of $6.49 million, or ($0.23) per share, on total operating revenue of $93.7 million, a 1.6% decrease year-over-year. The company faced challenges from lower volumes, weather, and fuel costs, but expects improved performance in Q2. Stockholders approved the election of eight directors and the auditor appointment, but rejected an amendment to the Certificate of Incorporation. The company also repurchased 82,877 shares under its $15 million program.

Proficient Auto Logistics reported its Q1 2026 financial results, with Total Operating Revenue decreasing 1.6% to $93.7 million and Total Operating Loss widening to $(6.9) million from $(2.4) million in Q1 2025. The company posted a Net Loss of $(6.49) million, or $(0.23) per diluted share. Despite challenges from lower volumes, weather, and fuel costs, total units delivered increased 1.5%, and management expects improved performance in Q2. The company also announced a $15 million share repurchase program and has already repurchased 82,877 shares at an average price of $6.25.

Proficient Auto Logistics, Inc. (PAL) announced it will host an investor conference call on Thursday, May 7, 2026, at 5:00 p.m. EDT. The call will discuss the company's operating and financial results for the three months ended March 31, 2026. A press release detailing these results will be issued an hour prior to the call, at approximately 4:00 p.m. EDT.