secwatch.observer — SEC 8-K summary
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Issuer:     XPO, Inc. (XPO)
CIK:        0001166003
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001104659-23-087488
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPO reports Q2 2023 revenue $1.92B, adjusted EPS $0.71; July tonnage up 4% YoY
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- Revenue of $1.92B vs $2.05B a year ago; GAAP diluted EPS from cont ops $0.27 (down from $0.83).
- Adjusted diluted EPS of $0.71 (down from $1.14); adjusted EBITDA $244M (down from $289M).
- Free cash flow $5M after $126M capex; operating cash flow $131M.
- North American LTL shipments per day increased YoY; July tonnage rose 4% and shipments per day rose 9%.
- Company noted adjusted EBITDA beat expectations; continues LTL 2.0 investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166003/000110465923087488/0001104659-23-087488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166003/000110465923087488/tm2322668d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-087488

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer