Marten Transport Files 8-K on Operations
Ticker: MRTN · Form: 8-K · Filed: Oct 17, 2024 · CIK: 799167
Sentiment: neutral
Topics: operations, financial-condition, disclosure
Related Tickers: MRTN
TL;DR
Marten Transport dropped an 8-K, expect financial updates soon.
AI Summary
Marten Transport, Ltd. filed an 8-K on October 17, 2024, to report on its results of operations and financial condition. The filing also includes disclosures related to Regulation FD and financial statements with exhibits. Specific financial figures or operational details were not provided in the excerpt.
Why It Matters
This 8-K filing signals that Marten Transport is providing updated information regarding its financial performance and operational status to the public and investors.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of operational and financial information, not indicating any immediate adverse events.
Key Players & Entities
- MARTEN TRANSPORT, LTD. (company) — Registrant
- October 17, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 129 Marten Street Mondovi , Wisconsin 54755 (address) — Principal executive offices
FAQ
What specific financial results or operational updates are being disclosed in this 8-K?
The provided excerpt indicates the filing is for 'Results of Operations and Financial Condition' but does not detail the specific results or updates within the text.
When was this 8-K report filed with the SEC?
The report was filed on October 17, 2024.
What is the primary purpose of this Form 8-K filing for Marten Transport, Ltd.?
The primary purpose is to report on the company's results of operations and financial condition, along with Regulation FD disclosures and financial statements/exhibits.
Where are Marten Transport, Ltd.'s principal executive offices located?
The principal executive offices are located at 129 Marten Street, Mondovi, Wisconsin 54755.
Under which section of the Securities Exchange Act is this report being filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 1,036 words · 4 min read · ~3 pages · Grade level 10.7 · Accepted 2024-10-17 16:03:25
Filing Documents
- mrtn20241015_8k.htm (8-K) — 38KB
- ex_732441.htm (EX-99.1) — 495KB
- ex_732442.htm (EX-99.2) — 13KB
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- 0001437749-24-031470.txt ( ) — 7266KB
- mrtn-20241017.xsd (EX-101.SCH) — 3KB
- mrtn-20241017_def.xml (EX-101.DEF) — 11KB
- mrtn-20241017_lab.xml (EX-101.LAB) — 15KB
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02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On October 17, 2024, the company issued a press release announcing financial results for the quarter ended September 30, 2024. Attached hereto as Exhibit 99.1 is a copy of the company's press release dated October 17, 2024 announcing the company's financial results for this period. The press release also includes a discussion of operating revenue, net of fuel surcharge revenue; and operating expenses as a percentage of operating revenue, with both amounts net of fuel surcharge revenue. The company provided these additional disclosures because management believes removing these items provide a more consistent basis for comparing results of operations from period to period. These financial measures in the press release have not been determined in accordance with generally accepted accounting principles ("GAAP"). Pursuant to Regulation G, the company has included a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures. For the discussion of operating revenue, net of fuel surcharge revenue; and operating expenses as a percentage of operating revenue, with both amounts net of fuel surcharge revenue, the most directly comparable GAAP financial measures are operating revenue, and operating expenses divided by operating revenue, which are reconciled in the attached Exhibit 99.1. The information contained in this report and the exhibit hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Section 7 – Regulation FD
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. Representatives of the company make presentations at investor conferences and in other forums, and these presentations may include the information contained in Exhibit 99.2 attached to this current report on Form 8-K. A copy of the presentation slides containing such information that may be disclosed by the company is attached as Exhibit 99.2 to this report and the information set forth therein is incorporated herein by reference and constitutes a part of this report. The company expects to disclose the information contained in Exhibit 99.2, in whole or in part, and possibly with modifications, in connection with presentations to investors, analysts and others during 2024. The company is furnishing the information contained in Exhibit 99.2 pursuant to Regulation FD and Item 7.01 of Form 8-K. The information in Exhibit 99.2 shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act, or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information contained in Exhibit 99.2 is summary information that is intended to be considered in the context of the company's SEC filings and other public announcements that the company may make, by press release or otherwise, from time to time. The company undertakes no duty or obligation to publicly update or revise the information contained in Exhibit 99.2, although it may do so from time to time as its management believes is warranted. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosure. By filing this current report on Form 8-K and furnishing this information, the company makes no admission as to the materiality of any information contained in this report, including Exhibit 99.2. Section 9 – Financial Statements and Exhibits
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (a)
Financial Statements of Businesses Acquired
Financial Statements of Businesses Acquired . Not Applicable. (b) Pro Forma Financial Information . Not Applicable. (c) Shell Company Transactions . Not Applicable. (d) Exhibits . Exhibit No. Description 99.1 Press Release dated October 17, 2024 (included herewith). 99.2 Investor presentation slides used by Marten Transport, Ltd. (included herewith). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. MARTEN TRANSPORT, LTD. Dated: October 17, 2024 By: /s/ James J. Hinnendael James J. Hinnendael Its: Executive Vice President and Chief Financial Officer 2