Celadon Group, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2016. For the quarter, total revenue was $265,725,000 against $275,399,000 a year ago. Operating income was $2,866,000 against $14,079,000 a year ago. Income before income taxes was $1,742,000 against $10,300,000 a year ago. Net income was $1,285,000 against $6,615,000 a year ago. Income per basic and diluted common share was $0.05 against $0.24 a year ago.

For six months, total revenue was $530,765,000 against $541,520,000 a year ago. Operating income was $1,556,000 against $35,252,000 a year ago. Loss before income taxes was $2,793,000 against income of $28,221,000 a year ago. Net loss was $1,567,000 against income of $17,982,000 a year ago. Loss per basic and diluted common share was $0.06 against income of $0.64 per diluted share a year ago.

Net capital expenditures for the balance of the fiscal year are expected to be approximately $10 million -15 million.