XPO, Inc (XPO) shipments per day increase helps boost Q2 earnings

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XPO Reports Second Quarter 2023 Results

August 4, 2023 6:00 AM EDT

GREENWICH, Conn. , Aug. 04, 2023 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) today announced its financial results for the second quarter 2023, reflecting a solid performance in a soft industry environment for freight transportation. The company reported revenue of $1.92 billion and diluted earnings from continuing operations per share of $0.27.

Mario Harik, chief executive officer of XPO, said, Our business performed above expectations in the second quarter, delivering adjusted EBITDA of $244 million and adjusted diluted EPS of $0.71.

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