GXO reported that first quarter revenue saw a 14% annual gain, to $2.1 billion. Net income came in at $38 million, for a 44.8% annual gain, and operating income—at $37 million—was up 19% annually. Adjusted EBITDA, for the quarter, was $155 million, for a 15% annual gain.
Source: logistics Mgmt
GXO Logistics posts strong Q1 2022 earnings results
Published in News,
More from News,More posts in News, »
- April retail sales post solid gains
- Taking a look back at the American Supply Chain Summit
- National diesel average sees slight decline, for week of May 16, reports EIA
- Ryder receives unsolicited indication of interest from activist investor HG Vora
- Sweetwater’s CSCO Rich provides overview of approach to Peak Season and managing challenges
Be First to Comment