Proficient Auto Logistics Stock News

SAN DIEGO , Nov. 11, 2024 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Proficient Auto Logistics, Inc. (NASDAQ: PAL) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material information to investors. The investigation focuses on investors' losses and whether they may be recovered und...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company” or “Proficient”) today reported its financial results for the three months ended September 30, 2024, and comparative summary financial information for the Founding Companies (as defined below) on a combined basis for the three months ended September 30, 2024. Third Quarter Summary (third quarter 20...

SAN DIEGO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Proficient Auto Logistics, Inc. (NASDAQ: PAL) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be r...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) today announced that the Board of Directors (the “Board”) of Proficient Auto Logistics, Inc. (“Proficient”) appointed Brenda Frank (“Ms. Frank”) to serve as a member of the Board. Ms. Frank currently is the Group Senior Vice President of Human Resources, Buying Offices, of Ross Stores, Inc. (NASDAQ: ROST) (“Ross ...

After the close of Wednesday's session, recent IPO Proficient Auto Logistics released very weak preliminary Q3 results. At the midpoint of the preliminary range, revenues will be down by approximately 14% on a sequential basis, despite the benefit from the recent acquisition of Auto Transport Group. With profitability projected to be a far cry from Q2/2024 numbers, I would expect analysts to re...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) today provided an update on certain expected operating and financial metrics for the third quarter of fiscal 2024. As noted during the Company's second quarter earnings call in early August, unit volumes slowed during June with the slowdown continuing into July. While there were specific events in July – such as ...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) today reported its financial results for the three months ended June 30, 2024, for Proficient Auto Logistics, Inc. (“Proficient”, or the “Company”), Proficient Auto Transport, Inc. (“Proficient Transport”, or “Predecessor”) and for the five Founding Companies on a combined basis. Second Quarter Highlights (all on...

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