U.S. Xpress Enterprises, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 477.43 million compared to USD 451.82 million a year ago. Revenue was USD 547.83 million compared to USD 491.14 million a year ago. Net loss was USD 19.79 million compared to USD 5.48 million a year ago. Basic loss per share from continuing operations was USD 0.38 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.38 compared to USD 0.11 a year ago.
For the nine months, sales was USD 1,420.94 million compared to USD 1,307 million a year ago. Revenue was USD 1,618.72 million compared to USD 1,416.92 million a year ago. Net loss was USD 29.25 million compared to net income of USD 16.16 million a year ago. Basic loss per share from continuing operations was USD 0.57 compared to basic earnings per share from continuing operations of USD 0.32 a year ago. Diluted loss per share from continuing operations was USD 0.57 compared to diluted earnings per share from continuing operations of USD 0.31 a year ago.