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RXO, Inc. Posts $1.87 billion in Q3 Revenue, Non-GAAP EPS of $0.09

Full-truckload brokerage volume rose 3% year over year and improved each month. Gross profit per load increased 31% sequentially, with spot freight accounting for 51% of the mix.

A loaded trailer crosses a freight yard in early morning light / TokenPost.ai
A loaded trailer crosses a freight yard in early morning light / TokenPost.ai

RXO, Inc. posted third-quarter revenue of $1.87 billion, up 31.7% from a year earlier, and non-GAAP earnings of $0.09 per share as full-truckload brokerage volume and gross profit per load also increased.

The company’s full-truckload brokerage volume rose 3% year over year and improved in every month of the quarter. Gross profit per load increased 31% sequentially, with spot freight accounting for 51% of the mix.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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