GXO Logistics(GXO)
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GXO Logistics(GXO) - 2024 Q2 - Quarterly Report
2024-08-06 20:19
Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share GXO New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ FORM 10-Q _______________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the q ...
GXO Logistics(GXO) - 2024 Q2 - Earnings Call Transcript
2024-08-06 15:45
GXO Logistics, Inc. (NYSE:GXO) Q2 2024 Results Conference Call August 6, 2024 8:30 AM ET Company Participants Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Kristine Kubacki - Chief Strategy Officer Conference Call Participants Stephanie Moore - Jefferies Scott Schneeberger - Oppenheimer Chris Wetherbee - Wells Fargo Brian Ossenbeck - JPMorgan Ravi Shanker - Morgan Stanley Jason Seidl - TD Cowen David Zazula - Barclays Kevin Gainey - Thompson, Davis & Company Operator Hello, a ...
GXO Logistics (GXO) Q2 Earnings Miss Estimates
ZACKS· 2024-08-06 12:46
GXO Logistics (GXO) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.51%. A quarter ago, it was expected that this contract logistics provider would post earnings of $0.45 per share when it actually produced earnings of $0.45, delivering no surprise. Over the last four quarters, th ...
GXO Logistics(GXO) - 2024 Q2 - Quarterly Results
2024-08-06 10:39
Exhibit 99.1 GXO Reports Second Quarter 2024 Results • Second quarter revenue increased 19% year over year to a record $2.8 billion, with organic revenue growth of 2% • Signed new business wins of approximately $270 million in annualized revenue during 2Q 2024 • Sales pipeline increased to new twelve-month high of $2.3 billion • Completed Wincanton acquisition GREENWICH, Conn. — August 6, 2024 — GXO Logistics, Inc. (NYSE: GXO) today announced results for the second quarter 2024. Malcolm Wilson, chief execut ...
GXO Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-08-06 10:30
Second quarter revenue increased 19% year over year to a record $2.8 billion, with organic revenue growth of 2% Signed new business wins of approximately $270 million in annualized revenue during 2Q 2024 Sales pipeline increased to new twelve-month high of $2.3 billion Completed Wincanton acquisition GREENWICH, Conn., Aug. 06, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) today announced results for the second quarter 2024. Malcolm Wilson, chief executive officer of GXO, said, "In the second quar ...
GXO appoints Rui Marques as Managing Director in Spain and Portugal
Newsfilter· 2024-07-15 09:00
After leading GXO in France, Marques returns to Spain and Portugal to drive GXO's expansion MADRID, Spain, July 15, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced Rui Marques will return to Spain as Managing Director of GXO Iberia to continue driving the company's expansion in Spain and Portugal. Marques, who previously held this position for more than a decade, returns to GXO Spain and Portugal after leading the company's ...
GXO appoints Rui Marques as Managing Director in Spain and Portugal
GlobeNewswire News Room· 2024-07-15 09:00
MADRID, Spain, July 15, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced Rui Marques will return to Spain as Managing Director of GXO Iberia to continue driving the company's expansion in Spain and Portugal. Paul Mohan, Managing Director of GXO in Continental Europe, said, "Rui's deep expertise and experience across the logistics sector in Europe will be invaluable in driving the future growth of GXO in Spain and Portugal. W ...
GXO Schedules Second Quarter 2024 Earnings Conference Call for Tuesday, August 6, 2024
GlobeNewswire News Room· 2024-07-10 12:30
GREENWICH, Conn., July 10, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter 2024 earnings conference call and webcast on Tuesday, August 6, 2024, at 8:30 a.m. Eastern Time. The company's results will be released at 6:30 a.m. on Tuesday, August 6, 2024, and made available at that time on www.investors.gxo.com. Access information: Call toll-free from U.S./Canada: 877-407-8029 International callers: +1 201-689-8029 Conference ID: 13747664 Live webcast: investors.gxo.com A r ...
GXO Signs Industry-First Multi-Year Agreement with Agility Robotics
Newsfilter· 2024-06-27 20:30
GREENWICH, Conn., June 27, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, and Agility Robotics, creator of the leading bipedal Mobile Manipulation Robot (MMR) Digit®, announced today that they have signed a multi-year agreement to begin deploying Digit in GXO's logistics operations. This agreement, which follows a proof-of-concept pilot in late 2023, is both the industry's first formal commercial deployment of humanoid robots and first Ro ...
GXO Signs Industry-First Multi-Year Agreement with Agility Robotics
GlobeNewswire News Room· 2024-06-27 20:30
Robots-as-a-Service (RaaS) agreement integrates Agility's Humanoid robots with other cobots at SPANX facility GREENWICH, Conn., June 27, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, and Agility Robotics, creator of the leading bipedal Mobile Manipulation Robot (MMR) Digit®, announced today that they have signed a multi-year agreement to begin deploying Digit in GXO's logistics operations. This agreement, which follows a proof-of-concept ...