Universal Logistics Holdings Reports Second Quarter 2021 Financial Results; Declares Dividend; Approves Stock Repurchase Plan
In the second quarter 2021, Universal's operating income increased $20.5 million to $31.3 million compared to operating income of $10.8 million in the second quarter one year earlier.
- In the second quarter 2021, Universal's operating income increased $20.5 million to $31.3 million compared to operating income of $10.8 million in the second quarter one year earlier.
- EBITDA, a non-GAAP measure, increased $23.6 million during the second quarter 2021 to $53.7 million, compared to $30.2 million one year earlier.
- Second Quarter 2021 Operating Revenues: $106.6 million, 28.6% increase
Second Quarter 2021 Operating Income: $6.2 million, 5.8% operating margin
Operating revenues in the intermodal segment increased $23.7 million to $106.6 million in the second quarter 2021, compared to $82.9 million for the same period last year. - Second Quarter 2021 Operating Revenues: $60.4 million, 51.3% increase
Second Quarter 2021 Operating Income: $2.4 million, 4.0% operating margin
Second quarter 2021 operating revenues in the company-managed brokerage segment increased 51.3% to $60.4 million compared to $39.9 million for the same period last year.