USA Truck, Inc. (NASDAQ NMS: USAK) today announced record operating revenues of $51,629,555 for the quarter ended December 31, 1999, up 42.1% from $36,338,741 for the same quarter of 1998. Net income decreased 13.6% to $2,193,583 for the fourth quarter of 1999, compared to $2,539,348 for the fourth quarter of 1998, a decrease of 11.1% in diluted net income per share to $.24 from $.27.
For the twelve months ended December 31, 1999, operating revenues increased 14.6% to $166,363,356 from $145,216,121 for the twelve months ended December 31, 1998. Net income decreased 17.7% to $8,641,502 for the twelve months ended December 31, 1999, compared to $10,497,149 for the twelve months ended December 31, 1998, a decrease of 17.1% in diluted net income per share to $.92 from $1.11.