In third-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported record gross revenues, which grew by 23.2% year-over-year to $691.5 million.
That smashed the consensus estimate of $608 million and was $76.5 million more than the upper limit of guidance provided by management in the second-quarter earnings release, largely driven by substantial volume growth in...
https://www.freightwaves.com/news/echo-smashes-estimates-reporting-record-revenue-and-volume