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In its first quarter including Beacon operations, QXO posted strong revenue and adjusted EBITDA performance, though it recorded a net loss due to integration and restructuring expenses.
Revenue surged to $1.91 billion following the Beacon acquisition.
Net loss for the quarter was $58.5 million, or $(0.15) per share.
Adjusted EBITDA reached $204.6 million, with a 10.7% margin.
Adjusted EPS came in at $0.11, driven by strong gross profit performance.
QXO did not provide quantitative guidance but highlighted strong momentum from the Beacon acquisition and outlined long-term goals.
Visualization of income flow from segment revenue to net income