Frozen Food Express Industries, Inc. FFEX today announced its financial and operating results for the quarter and year ended December 31, 2010. Highlights for the year include:
Operating losses for the 4th Quarter of 2010, are $1.9 million, an improvement versus the 4th Quarter of 2009 of $3.1 million; a 62.1% improvement.
Total operating revenue for the 4th Quarter increased 3.0% to $94.2 million from $91.4 million in the 4th Quarter of 2009.
Net loss per share of diluted common stock improved 28.1% to ($0.69) versus ($0.96) in 2009.
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