Werner Enterprises(WERN) - 2023 Q2 - Earnings Call Presentation

Q2 2023 Financial Highlights - Revenues decreased by 3% year-over-year to $811 million[10] - GAAP EPS decreased by 58% year-over-year to $047[10] - Adjusted EPS decreased by 40% year-over-year to $052[10] - Adjusted Operating Income decreased by 34% year-over-year to $511 million[10] - Adjusted TTS Operating Margin decreased by 370 bps year-over-year to 97%[10] Truckload Transportation Services (TTS) Results - TTS revenues decreased by 7% year-over-year to $5702 million[21] - TTS revenues, net of fuel surcharges, decreased by 03% year-over-year to $4935 million[21] - Adjusted Operating Income for TTS decreased by 28% year-over-year to $479 million[21] - Adjusted Operating Margin for TTS decreased by 370 bps year-over-year to 97%[21] Werner Logistics Results - Werner Logistics revenues increased by 10% year-over-year to $2245 million[25] - Adjusted Operating Income for Werner Logistics decreased by 58% year-over-year to $55 million[25] - Adjusted Operating Margin for Werner Logistics decreased by 400 bps year-over-year to 24%[25]