Contract logistics provider GXO Logistics Inc. (NYSE: GXO) reported better-than-expected second-quarter results late Wednesday and raised its full-year outlook for earnings per share and earnings before interest, taxes, depreciation and amortization.
Second-quarter revenue grew 11% year over year to $2.4 billion, with organic revenue increasing 3%. Net income rose 27% to $65 million. Operating income increased by 68%, and adjusted diluted earnings per share of 70 cents bettered consensus...
https://www.freightwaves.com/news/gxo-posts-strong-quarterly-results-raises-full-year-outlook