From Yahoo Finance: 2025-05-07 17:34:00

GXO Logistics Inc. reported first-quarter revenue of $3 billion, a 21% year-over-year increase. Adjusted earnings per share in the first quarter was 29 cents, a 36% year-over-year decrease. Wall Street expected revenue of $2.93 billion and EPS of 25 cents. CEO Malcolm Wilson highlighted $228 million in new business wins and a $2.5 billion sales pipeline. The company posted a net loss of $95 million, compared to $36 million in Q1 2024. Adjusted EBITDA rose 6% year-over-year to $163 million. GXO generated $29 million in cash flow, down from $50 million in Q1 2024. The company repurchased 2.8 million shares in the first quarter. GXO’s full-year 2025 guidance includes organic revenue growth of 3% to 6% and adjusted EBITDA between $840 million and $860 million with adjusted EPS of $2.40 to $2.60. The company will hold a conference call with analysts on Thursday.



Read more at Yahoo Finance: First look: GXO Logistics Inc.