GXO Reports Third Quarter 2024 Results
GXO Logistics, Inc. (GXO)
Company Research
Source: GlobeNewswire
Third quarter revenue increased 28% year over year to a record $3.2 billion, with organic revenue growth of 3%Signed approximately $750 million in annualized revenue year to date; on track to win a record level of new business in 2024Sales pipeline increased 30% year over year to $2.4 billion and stands at a two-year highReaffirmed full-year 2024 guidance GREENWICH, Conn., Nov. 04, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) today announced results for the third quarter 2024. Malcolm Wilson, chief executive officer of GXO, said, “We have increasing momentum in our business. In the third quarter, we delivered our highest-ever quarterly revenue of $3.2 billion, reflecting growth of 28% year over year, along with sequential improvement in organic revenue growth and strong free cash flow. “We signed $226 million of new business wins, bringing year-to-date wins to about $750 million. Our sales pipeline stands at its highest level in more than two years, and we are on trac
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News
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GXO
Earnings
- 11/4/24 - In-Line
GXO
Sec Filings
- 11/14/24 - Form SC
- 11/5/24 - Form 10-Q
- 11/4/24 - Form 8-K
- GXO's page on the SEC website