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QXO Reports Fourth Quarter 2024 Results

1. QXO reported a loss of $(0.02) per share in Q4 2024. 2. For the full year 2024, QXO's per-share loss totaled $(0.11).

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$12.3503/04 08:14 AM EDTEvent Start
$13.27503/05 02:54 PM EDTLatest Updated
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FAQ

Why Bearish?

The reported losses indicate financial struggles similar to previous downturns, leading to negative investor sentiment.

How important is it?

Financial losses are critical to QXO's valuation, likely influencing investor decisions and stock performance.

Why Short Term?

Immediate market reaction expected due to recent financial reporting, affecting stock price volatility.

Related Companies

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) today announced its financial results for the fourth quarter 2024. The company reported a loss of $(0.02) per basic and diluted shares attributable to common shareholders. For the full year 2024, the company reported a loss of $(0.11) per basic and diluted shares attributable to common shareholders. FOURTH QUARTER AND FULL YEAR 2024 SUMMARY RESULTS         Three Months Ended December 31,  Year Ended December 31,   (in thousands) 2024   20.

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