secwatch.observer — SEC 8-K summary
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Issuer:     RXO, Inc. (RXO)
CIK:        0001929561
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001929561-24-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RXO reports Q4 2023 revenue $1B, adjusted EBITDA $31M, brokerage volume up 15% YoY
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- Q4 revenue $1.0B (down from $1.1B); GAAP net income $2M vs prior-year loss; adjusted diluted EPS $0.06.
- Brokerage volume grew 15% YoY; full truckload +11%, less-than-truckload +45%.
- Adjusted EBITDA $31M (margin 3.2%) vs $64M prior year, reflecting soft freight market.
- Contract volume up 23% YoY; sales pipeline up 24%; expects continued YoY volume growth in Q1 2024.
- Technology: 97% of brokerage loads created/covered digitally; 7-day carrier retention 76% (+200 bps).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1929561/000192956124000025/0001929561-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1929561/000192956124000025/rxo-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001929561-24-000025

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