WESTLAKE, Ohio (AP) — TravelCenters of America LLC (TA) on Monday reported a loss of $5.8 million in its first quarter.
On a per-share basis, the Westlake, Ohio-based company said it had a loss of 40 cents. Losses, adjusted for asset impairment costs, came to 37 cents per share.
The truck-stop operator posted revenue of $1.53 billion in the period.
TravelCenters shares have decreased 13% since the beginning of the year. In the final minutes of trading on Monday, shares hit $28.25, more than doubling in the last 12 months.