JACKSONVILLE, Fla., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company”) announced that the Company will host an investor conference call at 5:00 p.m. EST on Tuesday, November 11, 2025, to discuss its operating and financial results for the three months ended September 30, 2025. A press release disclosing those results will be issued at approximately 4:00 p.m. EST on that day. Investors are invited to join the conference call by registering through this link: https ...

Core Insights - Proficient Auto Logistics, Inc. reported a total operating revenue of $115.5 million for Q2 2025, marking a 21.4% increase from Q1 2025 and an 8.4% increase from Q2 2024 [2][10] - The company achieved an adjusted operating income of $3.8 million in Q2 2025, compared to $1.2 million in Q1 2025 and $8.7 million in Q2 2024 [2][10] - Total units delivered reached 631,426, reflecting a 28% increase from Q1 2025 and a 24% increase from Q2 2024 [2][10] Financial Performance - Total operating income for Q2 2025 was $0.1 million, a recovery from a loss of $2.4 million in Q1 2025, but down from $7.0 million in Q2 2024 [2][10] - The adjusted operating ratio improved to 96.7% in Q2 2025 from 98.7% in Q1 2025, but was higher than 91.8% in Q2 2024 [2][10] - Adjusted EBITDA for the trailing twelve months ending June 30, 2025, was $35.2 million, with a net leverage ratio of 2.2x [12][23] Operational Metrics - The company delivered 220,578 units through company drivers, with a revenue per unit of $178.82, while subhaulers delivered 410,848 units at a revenue per unit of $166.50 [8][10] - The proportion of revenue from company deliveries increased to 37% in Q2 2025, up from 35% in Q1 2025 and 32% in Q2 2024 [8][10] Balance Sheet Overview - As of June 30, 2025, Proficient had $13.6 million in cash and $90.2 million in total debt, resulting in a net debt of approximately $76.6 million [12][13] - The total assets of the company were reported at $520.5 million, with total liabilities amounting to $180.9 million [24][26] Strategic Commentary - The CEO highlighted that the revenue growth was driven by market share gains and strategic acquisitions, emphasizing the need for cost control in a challenging market environment [2][10] - The company aims to maintain high-quality service while efficiently scaling operations through share gains and acquisitions [2][10]

Company Announcements - Proficient Auto Logistics, Inc. will participate in the William Blair Growth Stock Conference on June 4, 2025, with key executives attending [1] - An investor conference call is scheduled for August 11, 2025, at 5:00 p.m. EDT to discuss financial results for the three months ended June 30, 2025, with a press release to be issued at approximately 4:00 p.m. EDT on the same day [2] Company Overview - Proficient Auto Logistics is a leading specialized freight company focused on auto transportation and logistics services, operating one of the largest auto transportation fleets in North America [3]

Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Proficient Auto Logistics, Inc., focusing on possible false or misleading statements made by the company and its executives [1]. Company Overview - Proficient Auto is a specialized freight company that provides auto transportation and logistics services [2]. Financial Performance - On May 7, 2025, Proficient Auto announced its financial results for the first quarter ended March 31, 2025, reporting a 0.4% year-over-year decrease in total operating revenue to $95.2 million and a total operating loss of $2.4 million during the quarter [3].

Core Viewpoint - Robbins LLP is investigating Proficient Auto Logistics, Inc. for potential violations of securities laws and breaches of fiduciary duties by its officers and directors [1]. Group 1: Company Overview - Proficient Auto Logistics, Inc. operates in the auto transportation and logistics services sector in North America [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there have been any breaches of fiduciary duties to shareholders by the company's executives [1]. - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for more information regarding their rights [2]. Group 3: Robbins LLP Background - Robbins LLP has been active in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [3]. - The firm has successfully obtained over $1 billion for shareholders since its inception [3].

Core Viewpoint - Proficient Auto Logistics, Inc. reported its financial results for Q1 2025, highlighting ongoing market challenges and the importance of market share growth and integration of recent acquisitions [1][3]. Financial Performance - Total Operating Revenue for Q1 2025 was $95.2 million, a slight increase of 0.7% from Q4 2024 but a decrease of 0.4% from Q1 2024 [2][5]. - Total Operating Loss was $(2.4) million, consistent with Q4 2024 and a significant decline from a profit of $6.5 million in Q1 2024 [2][5]. - Adjusted Operating Income was $1.2 million, up from $1.1 million in Q4 2024 but down from $6.5 million in Q1 2024 [2][5]. - Adjusted Operating Ratio improved slightly to 98.7% from 98.8% in Q4 2024 but was worse than 93.2% in Q1 2024 [2][5]. Unit Deliveries - Total Units delivered were 494,509, reflecting a 5% decrease from Q4 2024 but a 7% increase from Q1 2024 [2][5]. - Company Deliveries accounted for 163,754 units, down from 171,717 in Q4 2024 but up from 150,481 in Q1 2024 [9][12]. Revenue Metrics - Revenue per Unit for Company Deliveries was $185.38, an increase from $180.94 in Q4 2024 but a decrease from $197.38 in Q1 2024 [9][12]. - Revenue per Unit for Subhaulers was $173.14, up from $162.97 in Q4 2024 but down from $194.72 in Q1 2024 [9][12]. Balance Sheet - As of March 31, 2025, the Company had $10.9 million in cash and $79.3 million in debt, resulting in a net debt of approximately $68.4 million [14]. - The net leverage ratio was 1.9x compared to combined adjusted EBITDA of $36.3 million for the trailing twelve months [14]. Acquisitions and Market Position - The Company completed several acquisitions, including Brothers Auto Transport on April 1, 2025, and has integrated five Founding Companies since its IPO in May 2024 [3][4]. - The CEO emphasized the need for successful integration of these acquisitions to counteract market uncertainties [3]. Future Outlook - The Company plans to host an investor conference call to discuss the results and future strategies [15]. - Management is focused on improving operational performance and navigating the challenges posed by the current market environment [3][12].