Universal Logistics Holdings Reports Fourth Quarter 2023 Financial Results; Declares Dividend
WARREN, Mich., Feb. 15, 2024 /PRNewswire/ — Universal Logistics Holdings, Inc. (NASDAQ: ULH) today reported consolidated fourth quarter 2023 net income of $21.4 million, or $0.81 per basic and diluted share, on total operating revenues of $390.9 million. This compares to net income of $33.4 million, or $1.27 per basic and diluted share, during fourth quarter 2022 on total operating revenues of $458.7 million. For the full year 2023, Universal reported $3.53 per basic and diluted share, on total operating revenues of $1.66 billion. This compares to Universal’s record 2022 performance of $6.37 per basic and diluted share, on total operating revenues of $2.02 billion for the full year.