ODP Corporation (ODP) Tops Q1 EPS by 51c

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Go back to ODP Corporation (ODP) Tops Q1 EPS by 51c

The ODP Corporation Announces First Quarter 2023 Results

May 10, 2023 6:50 AM EDT

Operational Excellence and Low-Cost Model Drives Strong First Quarter Results

First Quarter Revenue of $2.1 Billion with GAAP EPS of $1.71; Adjusted EPS of $1.78

GAAP Operating Income of $95 Million; Net Income of $72 Million; Adjusted EBITDA of $131 Million

ODP Business Solutions Doubles Operating Income

Repurchased $202 Million of Shares in the First Quarter Supported by Strong Cash Flow and Balance Sheet Management

BOCA RATON, Fla.--(BUSINESS WIRE)-- The ODP Corporation (ODP, or the Company) (NASDAQ: ODP), a leading... More