QXO Closes $3.5B Private Placement; Expects $5B In Cash And No Debt After New $620M Private Placement Closes On July 25
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Jared Kushner Joins Board Of Directors
Jared Kushner Joins Board Of Directors
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10-Q - QXO, Inc. (0001236275) (Filer)
8-K - QXO, Inc. (0001236275) (Filer)
DEF 14A - QXO, Inc. (0001236275) (Filer)
Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc. (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC
SC 13G - QXO, Inc. (0001236275) (Subject)
SC 13G - QXO, Inc. (0001236275) (Subject)
SC 13G - QXO, Inc. (0001236275) (Subject)
GREENWICH, Conn., Nov. 13, 2024 (GLOBE NEWSWIRE) -- QXO, Inc. (NASDAQ:QXO) today announced its financial results for the third quarter 2024. The company reported a loss of $0.01 per basic and diluted share attributable to common shareholders. THIRD QUARTER 2024 SUMMARY RESULTS Three Months Ended Nine Months Ended September 30, September 30, Percent September 30, September 30, Percent(in thousands) 2024 2023 Change 2024 2023 ChangeRevenue: Software product, net$3,028 $2,850 6.2% $10,284 $9,471 8.6%Service and other, net 10,127 10,573 (4.2)% 31,846 30,337 5.0%Total revenue, net$13,155 $13,423 (2.0)% $42,130 $39,808 5.8%
GREENWICH, Conn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- QXO, Inc. (NASDAQ:QXO) today announced that Ashwin Rao has been appointed chief artificial intelligence officer, effective immediately. He will serve as the company's principal AI architect, as QXO becomes a leader in the $800 billion building products distribution industry. Brad Jacobs, chairman and chief executive officer of QXO, said, "Artificial intelligence will permeate everything we do at QXO, including demand forecasting, inventory management and e-commerce. Ashwin is recognized as one of the brightest minds in enterprise AI. He will be instrumental in making QXO the most tech-forward company in the industry."
GREENWICH, Conn., Aug. 14, 2024 (GLOBE NEWSWIRE) -- QXO, Inc. (NASDAQ:QXO) today announced its second quarter results for the three and six months ended June 30, 2024. Financial Highlights for the Three Months Ended June 30, 2024, Compared with the Three Months Ended June 30, 2023: Total revenue was $14.54 million, compared with $13.26 million.Software product revenue was $3.78 million, compared with $3.30 million.Service and other revenue was $10.76 million, compared with $9.96 million.Net loss was ($591,000) or ($9.93) loss per basic and diluted share, compared with net income of $344,000 or $0.52 earnings per basic and diluted share.Adjusted EBITDA, a non-GAAP measure, was ($1.21) mil
4 - QXO, Inc. (0001236275) (Issuer)
4 - QXO, Inc. (0001236275) (Issuer)
4 - QXO, Inc. (0001236275) (Issuer)
GREENWICH, Conn., Nov. 13, 2024 (GLOBE NEWSWIRE) -- QXO, Inc. (NASDAQ:QXO) today announced its financial results for the third quarter 2024. The company reported a loss of $0.01 per basic and diluted share attributable to common shareholders. THIRD QUARTER 2024 SUMMARY RESULTS Three Months Ended Nine Months Ended September 30, September 30, Percent September 30, September 30, Percent(in thousands) 2024 2023 Change 2024 2023 ChangeRevenue: Software product, net$3,028 $2,850 6.2% $10,284 $9,471 8.6%Service and other, net 10,127 10,573 (4.2)% 31,846 30,337 5.0%Total revenue, net$13,155 $13,423 (2.0)% $42,130 $39,808 5.8%
GREENWICH, Conn., Aug. 14, 2024 (GLOBE NEWSWIRE) -- QXO, Inc. (NASDAQ:QXO) today announced its second quarter results for the three and six months ended June 30, 2024. Financial Highlights for the Three Months Ended June 30, 2024, Compared with the Three Months Ended June 30, 2023: Total revenue was $14.54 million, compared with $13.26 million.Software product revenue was $3.78 million, compared with $3.30 million.Service and other revenue was $10.76 million, compared with $9.96 million.Net loss was ($591,000) or ($9.93) loss per basic and diluted share, compared with net income of $344,000 or $0.52 earnings per basic and diluted share.Adjusted EBITDA, a non-GAAP measure, was ($1.21) mil