Financial Performance - Revenues reached $771 million, a 3% year-over-year increase[12] - GAAP EPS was $(0.34), a (425)% change year-over-year, while adjusted EPS was $(0.03), a (123)% change[12] - Adjusted operating income decreased by 50% to $10.9 million[12] - Adjusted operating margin was 1.4%, a decrease of 150 bps[12] - TTS adjusted operating margin was 1.9%, a decrease of 340 bps[12] Truckload Transportation Services (TTS) - TTS revenues decreased by 1% to $519.8 million[24] - TTS revenues, net of fuel surcharge, remained flat at $460.3 million[24] - TTS adjusted operating income decreased by 63% to $8.9 million[24] - Dedicated fleet represents 67% of total TTS trucks at quarter end[27] Werner Logistics - Werner Logistics revenues increased by 12% to $232.6 million[35] - Werner Logistics adjusted operating income increased by 418% to $4.2 million[35] - Werner Logistics adjusted operating margin increased by 140 bps to 1.8%[35] Cost Savings and Cash Flow - The company is progressing on a 2025 cost savings program of $45 million+[15] - $36 million in savings has been achieved through 3Q25[43] - Q3 operating cash flow was $44 million, and year-to-date operating cash flow was $120 million[52]
Werner Enterprises(WERN) - 2025 Q3 - Earnings Call Presentation