secwatch.observer — SEC 8-K summary
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Issuer:     GXO Logistics, Inc. (GXO)
CIK:        0001852244
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001852244-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GXO reports Q4 revenue $2.6B, adj. EPS $0.70; guides 2024 adj. EBITDA $760-$790M
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- Q4 revenue $2.6B, net income $73M; adj. EBITDA $193M; diluted EPS $0.61, adj. diluted EPS $0.70.
- Full year 2023 revenue $9.8B, net income $229M; adj. EBITDA $741M; diluted EPS $1.92, adj. diluted EPS $2.59.
- Full year cash from ops $558M (244% of net income); free cash flow $302M (41% of adj. EBITDA).
- 2024 guidance: organic revenue growth 2%-5%; adj. EBITDA $760-$790M; adj. diluted EPS $2.70-$2.90; free cash flow conversion 30%-40%.
- Signed >$1B annualized revenue in 2023; ~40% from outsourcing; pipeline ~$2B; acquired PFSweb Oct 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852244/000185224424000005/0001852244-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852244/000185224424000005/gxo-20240213.htm
  HTML page:      https://secwatch.observer/filing/0001852244-24-000005

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