Celadon Group Reports First Fiscal Quarter Financial Results and Intent to Transfer to New York Stock Exchange

Celadon Group Inc. today reported its financial and operating results for the three months ended September 30, 2009, the first fiscal quarter of the Company’s fiscal year ending June 30, 2010 and the intent to list shares on the New York Stock Exchange (“NYSE.”)
Revenue for the quarter decreased 13.0% to $127.8 million in the 2009 quarter from $146.9 million in the 2008 quarter. Freight revenue, which excludes fuel surcharges, increased 1.3% to $110.7 million in the 2009 quarter from $109.3 million in the 2008 quarter. Net income decreased 78.6% to $0.6 million in the 2009 quarter from $2.8 million for the same quarter last year. Earnings per diluted share decreased to $0.03 in the 2009 quarter from $0.13 for the same quarter last year.
Celadon Group Reports First Fiscal Quarter Financial Results and Intent to Transfer to New York Stock Exchange - Yahoo! Finance

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