Vitran Reports Record Quarterly Revenue and Net Income $0.45 Diluted EPS on 18 Percent Revenue Rise for Q2 2006
- Extends Net Income Improvement Streak to 19 Consecutive Quarters
TORONTO, ONTARIO -- (MARKET WIRE) -- July 20, 2006 -- Vitran Corporation Inc. (NASDAQ: VTNC)(TSX: VTN) -
Vitran Corporation Inc. (NASDAQ: VTNC)(TSX: VTN), a North American transportation and logistics firm, today announced record quarterly financial results for the 2006 second quarter ended June 30, 2006 (all figures reported in $U.S.).
Vitran achieved net income of $5.8 million, or 0.45 per diluted share, on revenue of $123.6 million for the 2006 second quarter. In the comparable 2005 quarter, Vitran recorded net income of $4.8 million, or $0.38 per diluted share, on revenue of $105.1 million.
