QXO reports Q3 net income of $17.1M (EPS -$0.01) vs prior-year loss; adj. EBITDA -$11.5M

QXO, Inc.

2024-Q3 EPS reported -$0.10 revenue$42,130,000

Revenue $13.2M, down 2.0% YoY from $13.4M; software product revenue up 6.2% to $3.0M.
Net income $17.1M vs net loss $2.1M in Q3 2023; basic and diluted EPS loss of $0.01.
Adjusted EBITDA negative $11.5M compared to positive $665k in prior-year quarter.
Nine-month total revenue $42.1M, up 5.8% YoY; net income $16.7M vs loss $1.5M.

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