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AI brief of an SEC Form 8-K · RXO (RXO)

RXO Q3 revenue rises to $1.04 billion; GAAP net loss widens to $243 million

Mixed Impact 4 of 5 earnings Written later

RXO reported third-quarter 2024 revenue of $1.04 billion, up from $976 million a year earlier, and adjusted EBITDA of $33 million, up from $26 million. The company posted a GAAP net loss of $243 million, which included $248 million in transaction, integration, restructuring and other costs, and it completed its Coyote Logistics acquisition on September 16, 2024.

Key points

  • Revenue was $1.04 billion versus $976 million in Q3 2023; gross margin was 17.3% versus 17.7%.
  • GAAP net loss was $243 million, or $1.81 per diluted share, versus a net loss of $1 million in Q3 2023; adjusted diluted EPS was $0.05.
  • Q4 2024 outlook: adjusted EBITDA of $40 million to $45 million and Brokerage gross margin of 12% to 14%.
  • Expected annualized cost synergies from Coyote integration were raised to at least $40 million.

The filing

CompanyRXO (RXO)
Form8-K, current report
Filed with the SECNov 7, 2024, 6:02 AM ET
Accession number0001929561-24-000123

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.