Patriot transportation holding, inc. announces results for the fourth quarter and fiscal year 2022

Jacksonville, fl / accesswire / december 6, 2022 / patriot transportation holding, inc. (nasdaq:pati) fourth quarter operating results the company reported net income of $470,000, or $.13 per share for the quarter ended september 30, 2022, compared to $40,000, or $.01 per share, in the same quarter last year. revenue miles were down 332,000, or 6%, over the same quarter last year due to a lower average driver count resulting primarily from the closure of our nashville location and turnover (down ~10 drivers from the 4th quarter of last year).
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