{"schema_version":"secwatch.filing_event.v1","accession":"0001929561-24-000075","form_type":"8-K","ticker":"RXO","cik":"0001929561","company_name":"RXO, Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.230305+00:00","generated_at":"2026-06-03T00:57:00.162288+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"RXO reports Q1 2024 net loss of $15M, revenue down to $0.9B, brokerage volume up 11% YoY","bullets":["GAAP net loss $15M (diluted loss per share $0.13) vs net income $0 in Q1 2023.","Revenue $0.9B vs $1.0B YoY; adjusted EBITDA $15M vs $37M.","Brokerage volume +11% YoY (truckload +8%, LTL +29%); gross margin 14.2%.","Q2 2024 outlook: adjusted EBITDA $24M-$30M, brokerage gross margin 13%-15%.","Companywide gross margin 17.4% vs 18.7% YoY; complementary services margin 20.6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001929561-24-000075","json":"https://secwatch.observer/filing/0001929561-24-000075.json","markdown":"https://secwatch.observer/filing/0001929561-24-000075.md","text":"https://secwatch.observer/filing/0001929561-24-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1929561/000192956124000075/0001929561-24-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1929561/000192956124000075/rxo-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:57:00.162288+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a52df66de36e43e5d66a50934b29223d18cca602","claim":"RXO, Inc. reported the first quarter of 2024 results: net income GAAP net loss of $15 million, EPS GAAP diluted loss per share of $0.13. Guidance initiated.","evidence_excerpt":"The company reported a first-quarter 2024 GAAP net loss of $15 million, compared to $0 of net income in the first quarter of 2023. The first-quarter 2024 GAAP net loss included $12 million in transaction, integration and restructuring costs. The adjusted net loss in the quarter was $4 million, compared to adjusted net income of $13 million in the first quarter of 2023. Adjusted EBITDA was $15 million, compared to $37 million in the first quarter of 2023. Adjusted EBITDA margin was 1.6%, compared to 3.7% in the first quarter of 2023. Transaction, integration and restructuring costs, and amortization of intangibles, impacted GAAP earnings per share by $0.10, net of tax. For the first quarter, RXO reported a GAAP diluted loss per share of $0.13.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1929561/000192956124000075/0001929561-24-000075-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Net income","value":"GAAP net loss of $15 million"},{"label":"EPS","value":"GAAP diluted loss per share of $0.13"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}