Shares of Saia (SAIA) plunged on Friday after reporting first quarter earnings that missed on both the top and bottom lines. The less-than-truckload services company's CEO Fritz Holzgrefe said in the release, "March trends improved a bit from February, but we did not experience the expected seasonal step-up." Yahoo Finance's Julie Hyman and Jared Blikre explain why the stock is selling off so sharply. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Saia ( NASDAQ:SAIA ) First Quarter 2024 Results Key Financial Results Revenue: US$754.8m (up 14% from 1Q 2023). Net...
Discover how Saia Inc achieved significant financial and operational milestones, including a 14.3% revenue increase and strategic terminal expansions.