secwatch.observer — SEC 8-K summary
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Issuer:     GXO Logistics, Inc. (GXO)
CIK:        0001852244
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001852244-24-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GXO posts record Q2 revenue of $2.8B (+19% YoY); net income falls to $39M
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- Revenue rose 19% to record $2.8B; organic revenue growth 2%.
- Net income $39M ($0.32 diluted EPS) vs $66M ($0.54) prior year.
- Adjusted EBITDA $187M vs $190M; adjusted diluted EPS $0.55 vs $0.70.
- Signed ~$270M in annualized new business; sales pipeline at $2.3B record.
- Closed Wincanton acquisition; reaffirmed full-year 2024 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852244/000185224424000026/0001852244-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852244/000185224424000026/gxo-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001852244-24-000026

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