Patriot transportation holding, inc. announces results for the first quarter of fiscal year 2023

Jacksonville, fl / accesswire / february 2, 2023 / patriot transportation holding, inc. (nasdaq:pati) first quarter operating results the company reported net income of $485,000, or $.14 per share for the quarter ended december 31, 2022, compared to $6,439,000, or $1.74 per share, in the same quarter last year which included $6,281,000, or $1.70 per share, from after tax gains on real estate sales. revenue miles were down 299,000, or 5.5%, over the same quarter last year due to a lower average driver count partially resulting from the closure of our nashville location.
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