XPO Q1 2023: Revenue $1.91B (+1% YoY), adjusted EPS $0.56 (+22% YoY)

XPO, Inc.

2023-Q1 EPS reported $0.13 revenue$1,907,000,000

Diluted GAAP EPS from cont ops $0.15 vs $0.28 YoY; net income $17M vs $32M.
Adjusted diluted EPS $0.56, up 22%; adjusted EBITDA $210M, up 14% YoY.
North American LTL shipments per day grew YoY; tonnage impacted by soft demand.
Free cash flow used $140M after $216M net capex; operating cash flow $76M.
Highest first-quarter LTL service quality in over a decade; new COO Dave Bates.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

XPO, Inc. reported the fiscal quarter ended March 31, 2023 results: revenue $1.91 billion, net income $17 million, EPS $0.15.

Period: the fiscal quarter ended March 31, 2023
Revenue: $1.91 billion
Net income: $17 million
EPS: $0.15
Result: reported results

Exact text from the filing

LTL service quality in over a decade GREENWICH, Conn. – May 4, 2023 – XPO (NYSE: XPO) today announced its financial results for the first quarter 2023. Revenue increased to $1.91 billion for the quarter, compared with $1.89 billion for the same period in 2022. Mario Harik, chief executive officer of XPO, said, “We delivered a solid quarter in a challenging

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XPO, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-055721

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