Brokerage volume increased 10 percent year-over-year; set multiple records in the quarter including total volume, quarterly loads per day and monthly loads per day Companywide gross margin of 18.6 percent; brokerage gross margin of 15.4 percent CHARLOTTE, N.C.–(BUSINESS WIRE)–RXO (NYSE: RXO) today announced its financial results for the second quarter of 2023. Drew Wilkerson, chief […]
CHARLOTTE, N.C.–(BUSINESS WIRE)–Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2024 first quarter, which ended June 30, 2023. Results include the addition of montratec®, which was acquired on May 31, 2023 (“the acquisition”). First Quarter Highlights (compared […]
First Quarter Highlights: Net subscriber additions of 40,500, bringing the total base to over 1,042,000 subscribers Total revenue of $36.4 million, up 15% year-over-year (constant currency) Subscription revenue of $32.2 million, up 16% year-over-year (constant currency) Annual recurring revenue (“ARR”) of $129.5 million, up 15% year-over-year (constant currency) Net income of $1.6 million, up from […]
Record second quarter earnings per share of $1.86 and record quarterly adjusted earnings per share of $2.21, up 18% over 2022 13% organic sales growth, above the high end of guidance, record quarterly segment margins of 21.6%, 150 basis points above the second quarter of 2022 and a 33% incremental margin Robust operating cash flow […]
· FF has successfully completed all compliance testing in anticipation of the delivery of the FF 91 2.0 Futurist Alliance, marking another important milestone for FF of delivering to the first group of its users who have joined FF’s developer co-creation project. · Delivery signifies FF entering its revenue stage of progress. · FF will […]
STAMFORD, Conn.–(BUSINESS WIRE)–Aug. 1, 2023– ITT Inc. (NYSE: ITT) today announced that its Board of Directors has declared a regular quarterly dividend payment of $0.290 per share on the Company’s outstanding common stock, par value $1 per share. The dividend is payable on Oct. 2, 2023 to shareholders of record of such common stock as […]
GREEN BAY, Wis.–(BUSINESS WIRE)–Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today the company has acquired M&M Transport Services, LLC, based in West Bridgewater, Massachusetts. M&M Transport is a Dedicated contract carrier that primarily provides specialty solutions for the retail and manufacturing verticals. Its top 20 customers […]