---
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"
generated_at: "2026-06-03T00:57:00.162288+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# RXO reports Q1 2024 net loss of $15M, revenue down to $0.9B, brokerage volume up 11% YoY

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001929561-24-000075
- JSON: https://secwatch.observer/filing/0001929561-24-000075.json
- Plain text: https://secwatch.observer/filing/0001929561-24-000075.txt

## Key facts
- Earnings Releases
  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.
  - Period: the first quarter of 2024
  - Net income: GAAP net loss of $15 million
  - EPS: GAAP diluted loss per share of $0.13
  - Guidance: initiated
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1929561/000192956124000075/0001929561-24-000075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.