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XPO Logistics post record-breaking revenue for Q1

Quarterly revenue—at $4.77 billion—was up 24% annually over the $3.86 billion, for the first quarter of 2020, and marked the highest revenue for any quarter in the company’s history. EBITDA was up 33%, to $433 million, topping estimates of $388 million, marking the third consecutive quarter it set an EBITDA record. Quarterly operating income—at $202 million—was more than double the $81 million recorded a year ago.
Source: logistics Mgmt

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