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Swift Transportation Company Announces Financial Results for Second Quarter 2017

PHOENIX--(BUSINESS WIRE)--Swift Transportation Company (NYSE:SWFT) today reported revenue of $1.0 billion, diluted EPS of $0.20 and adjusted EPS of $0.25 for the quarter ended June 30, 2017 as filed with the SEC on Form 10-Q.

Adjusted EPS is a non-GAAP financial measure, which should not be considered as an alternative, or superior, to the GAAP financial measure, diluted EPS. However, management believes that presentation of this non-GAAP financial measure provides useful information to investors regarding the company's results of operations. Adjusted EPS is reconciled to the most directly comparable GAAP financial measure below.

...

Quarter Ended
June 30,

2017
Diluted earnings per share $ 0.20
Adjusted for:
Income tax expense 0.12
Income before income taxes 0.31
Non-cash impairments (1) 0.00
Amortization of certain intangibles (2) 0.03

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