Morgan Stanley lowered the firm’s price target on GXO Logistics (GXO) to $57 from $63 and keeps an Overweight rating on the shares. GXO ...
"These are one-off in nature," CFO Baris Oran said in an earnings call. "The network realignment is a short-term impact. They ...
Contract logistics giant GXO Logistics Inc.’s fourth-quarter revenue increased 25% year over year to $3.25 billion, thanks to strong sales and a major new customer contract, company officials said.
Google boosts its investment in Apptronik, a leading humanoid robot company, to advance human-robot collaboration.
CEO Malcolm Wilson highlighted record revenue and adjusted EBITDA for 2024, with adjusted EBITDA growing 30% year-over-year in Q4. The company secured over $1 billion in new business wins for the ...
The bull case for GXO is that as warehouses and supply chains become more automated and specialized, an increasing number of ...
GXO Logistics reported its fourth-quarter 2024 earnings, surpassing analysts' expectations with a revenue of 3.3 billion dollars, slightly above the forecast of 3.23 billion dollars. Despite the ...
GXO Logistics closed out a record-setting year with revenue and earnings increasing during the fourth quarter of 2024, the company reported Feb. 12 .