Saia Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company has reported operating income of $7,752,000, income before income tax of $4,085,000, income from continuing operations of $3,292,000 or $0.24 per diluted share and net income of $3,292,000 or $0.24 per diluted share on operating revenue of $222,205,000 compared to operating income of $7,534,000, income before income tax of $4,487,000, income from continuing operations of $2,895,000 or $0.21 per diluted share and net income of $2,772,000 or $0.20 per diluted share on operating revenue of $274,181,000 for the same period last year. For the nine months, the company has reported operating loss of $100,000, loss before income tax of $8,309,000, loss from continuing operations of $4,744,000 or $0.36 per diluted share and net loss of $4,744,000 or $0.36 per diluted share on operating revenue of $646,740,000 compared to operating income of $20,386,000, income before income tax of $10,984,000, income from continuing operations of $8,266,000 or $0.61 per diluted share and net income of $7,272,000 or $0.54 per diluted share on operating revenue of $799,560,000 for the same period last year. Net cash provided by operating activities was $19,969,000 against $69,495,000 for the same period a year earlier. Acquisition of property and equipment was $6,812,000 against $21,908,000 for the same period a year earlier.

Saia, Inc. provided capital expenditures guidance for the year 2009. For the year, the company anticipated capital expenditures of approximately $10 million as the company have mentioned before, this reduced level is due to the uncertain economic environment.

Saia, Inc., Q3 2009 Earnings Call, Oct 23 2009