Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-2.01%
$14.59
0% positive prob.
5-Day Prediction
-7.13%
$13.83
0% positive prob.
20-Day Prediction
-5.23%
$14.11
0% positive prob.
SEC 8-K filings with transcript text
Aug 13, 2026 · 100% conf.
1D
-2.01%
$14.59
Act: -2.48%
5D
-7.13%
$13.83
20D
-5.23%
$14.11
qxo-20260813
0001236275FALSE00012362752026-08-132026-08-130001236275us-gaap:CommonStockMember2026-08-132026-08-130001236275qxo:MandatoryConvertiblePreferredStockMember2026-08-132026-08-13
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 13, 2026
(Exact name of registrant as specified in its charter)
Delaware
001-38063
16-1633636
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
Five American Lane Greenwich, Connecticut
06831
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: 888-998-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.00001 per shareQXONew York Stock Exchange
Depositary Shares, each representing a 1/20th interest in a share of 5.50% Series B Mandatory Convertible Preferred Stock, par value $0.001 per shareQXO.PRBNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition.
On August 13, 2026, QXO, Inc. (the “Company”) issued a press release announcing its results of operations for the fiscal quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
Exhibit
No.
Description
99.1 Press release, dated August 13, 2026, issued by QXO, Inc.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 13, 2026
By: /s/ Ihsan Essaid
Ihsan Essaid
Chief Financial Officer
May 12, 2026
qxo-20260512
0001236275FALSE00012362752026-05-122026-05-120001236275us-gaap:CommonStockMember2026-05-122026-05-120001236275qxo:MandatoryConvertiblePreferredStockMember2026-05-122026-05-12
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 12, 2026
(Exact name of registrant as specified in its charter)
Delaware
001-38063
16-1633636
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
Five American Lane Greenwich, Connecticut
06831
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: 888-998-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.00001 per shareQXONew York Stock Exchange
Depositary Shares, each representing a 1/20th interest in a share of 5.50% Series B Mandatory Convertible Preferred Stock, par value $0.001 per shareQXO.PRBNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition.
On May 12, 2026, QXO, Inc. (the “Company”) issued a press release announcing its results of operations for the fiscal quarter ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
Exhibit
No.
Description
99.1 Press release, dated May 12, 2026, issued by QXO, Inc.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 12, 2026
By: /s/ Ihsan Essaid
Ihsan Essaid
Chief Financial Officer
Feb 25, 2026
qxo-20260225
0001236275FALSE00012362752026-02-252026-02-250001236275us-gaap:CommonStockMember2026-02-252026-02-250001236275qxo:MandatoryConvertiblePreferredStockMember2026-02-252026-02-25
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 25, 2026
(Exact name of registrant as specified in its charter)
Delaware
001-38063
16-1633636
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
Five American Lane Greenwich, Connecticut
06831
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: 888-998-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.00001 per shareQXONew York Stock Exchange
Depositary Shares, each representing a 1/20th interest in a share of 5.50% Series B Mandatory Convertible Preferred Stock, par value $0.001 per shareQXO.PRBNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition.
On February 25, 2026, QXO, Inc. (the “Company”) issued a press release announcing its results of operations for the fiscal quarter and year ended December 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
Exhibit No.
Description
99.1 Press release, dated February 25, 2026, issued by QXO, Inc.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: February 25, 2026
By: /s/ Ihsan Essaid
Ihsan Essaid
Chief Financial Officer
Jan 15, 2026
2 tm263170d1_ex99-1.htm
Exhibit 99.1
QXO Announces Fourth Quarter Summarized Preliminary Financial Information
GREENWICH, Conn. — January 15, 2026 — QXO, Inc. (“QXO” or the “Company”) (NYSE: QXO) today announced the following summarized preliminary financial information. The Company expects to file its annual report on Form 10-K for the year ended December 31, 2025 on February 26, 2026.
· Net sales of approximately $2.19 billion
· Adjusted EBITDA of approximately $150 million
The Company’s preliminary unaudited financial results in this press release for the fourth quarter ended December 31, 2025 are preliminary, unaudited and subject to completion, and may change as a result of management’s continued review. Such preliminary results are subject to the finalization of quarter-end financial and accounting procedures. The preliminary financial results represent management estimates that constitute forward-looking statements subject to risks and uncertainties. As a result, the preliminary financial results may materially differ from the actual results when they are completed and publicly disclosed. These preliminary results should not be viewed as a substitute for the Company’s full fourth quarter financial statements and do not present all information necessary for a complete understanding of financial performance.
About QXO
QXO is the largest publicly traded distributor of roofing, waterproofing and complementary building products in North America. The Company plans to become the tech-enabled leader in the $800 billion building products distribution industry and generate outsized value for shareholders. The Company is executing its strategy toward a target of $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.
Non-GAAP Financial Measures
QXO presents Adjusted EBITDA, a non-GAAP financial measure, in this press release. We calculate Adjusted EBITDA as net income (loss) excluding depreciation; amortization; interest expense, net; stock-based compensation; provision for (benefit from) income taxes; restructuring costs; transaction costs; transformation costs; and inventory fair value adjustments that we do not consider representative of our underlying operations. We have not provided a reconciliation of our forward-looking non-GAAP measure of adjusted EBITDA to the most comparable GAAP measure of net income (loss). Providing forward-looking net income (loss) is potentially misleading and not practical given the difficulty of determining certain income tax and other adjustments.
Management uses this non-GAAP financial measure
in making financial, operating and planning decisions and evaluating QXO’s ongoing performance. We believe this non-GAAP financial measure facilitates analysis of our ongoing business operations because it excludes items that may not be reflective of, or are unrelated to, QXO’s core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying business. Other companies may calculate this non-GAAP financial measure differently, and therefore our measure may not be comparable to similarly titled measures of other companies.
This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact, including statements relating to the preliminary results, are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory” or the negative of these terms or other comparable terms. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.
-1-
These forward-looking statements are subject
to known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to a material difference include the risks discussed in our filings with the Securities and Exchange Commission, and the following:
·an inability to obtain the products we distribute resulting in lost revenues a
Nov 6, 2025
qxo-20251106
0001236275FALSE00012362752025-11-062025-11-060001236275us-gaap:CommonStockMember2025-11-062025-11-060001236275qxo:MandatoryConvertiblePreferredStockMember2025-11-062025-11-06
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 6, 2025
(Exact name of registrant as specified in its charter)
Delaware001-3806316-1633636
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
Five American Lane Greenwich, Connecticut 06831
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: 888-998-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.00001 per shareQXONew York Stock Exchange
Depositary Shares, each representing a 1/20th interest in a share of 5.50% Series B Mandatory Convertible Preferred Stock, par value $0.001 per shareQXO.PRBNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition.
On November 6, 2025, QXO, Inc. (the “Company”) issued a press release announcing its results of operations for the fiscal quarter ended September 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
Exhibit
No.
Description
99.1 Press release, dated November 6, 2025, issued by QXO, Inc.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 6, 2025
By: /s/ Ihsan Essaid
Ihsan Essaid
Chief Financial Officer
Oct 28, 2025
qxo-20251028
0001236275FALSE00012362752025-10-282025-10-280001236275us-gaap:CommonStockMember2025-10-282025-10-280001236275qxo:MandatoryConvertiblePreferredStockMember2025-10-282025-10-28
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 28, 2025
(Exact name of registrant as specified in its charter)
Delaware001-3806316-1633636
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
Five American Lane Greenwich, Connecticut 06831
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: 888-998-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.00001 per shareQXONew York Stock Exchange
Depositary Shares, each representing a 1/20th interest in a share of 5.50% Series B Mandatory Convertible Preferred Stock, par value $0.001 per shareQXO.PRBNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition.
On October 28, 2025, QXO, Inc. (the “Company”) issued a press release announcing the launch of a refinancing of the Company’s Term Loan B and certain preliminary financial results for the third quarter ended September 30, 2025. The refinancing is subject to market and other conditions, and no assurances are made that the Company will consummate the refinancing on the terms contemplated, or at all. A copy of the Company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished in this Current Report, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Exchange Act or the Securities Act of 1933, as amended, except to the extent that the registrant specifically incorporates any such information by reference.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
Exhibit
No.
Description
99.1 Press release, dated October 28, 2025, issued by QXO, Inc.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 28, 2025
By: /s/ Ihsan Essaid
Ihsan Essaid
Chief Financial Officer
Aug 14, 2025
qxo-20250814
0001236275FALSE00012362752025-08-142025-08-140001236275us-gaap:CommonStockMember2025-08-142025-08-140001236275qxo:MandatoryConvertiblePreferredStockMember2025-08-142025-08-14
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 14, 2025
(Exact name of registrant as specified in its charter)
Delaware001-3806316-1633636
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
Five American Lane Greenwich, Connecticut 06831
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: 888-998-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.00001 per shareQXONew York Stock Exchange
Depositary Shares, each representing a 1/20th interest in a share of 5.50% Series B Mandatory Convertible Preferred Stock, par value $0.001 per shareQXO.PRBNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition.
On August 14, 2025, QXO, Inc. (the “Company”) issued a press release announcing its results of operations for the fiscal quarter ended June 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished in Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
Exhibit
No.
Description
99.1 Press release, dated August 14, 2025, issued by QXO, Inc.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 14, 2025
By: /s/ Ihsan Essaid
Ihsan Essaid
Chief Financial Officer
May 8, 2025
2 qxo-20250508xexx991.htm
Document
Exhibit 99.1
QXO Reports First Quarter 2025 Results
GREENWICH, Conn. — May 8, 2025 — QXO, Inc. (NYSE: QXO) today announced its financial results for the first quarter 2025. The company reported a loss of $(0.03) per basic and diluted share attributable to common shareholders.
Three Months Ended March 31,
(in thousands)20252024Change %
Revenue:
Software product, net$3,517 $3,480 1.1 %
Service and other, net9,991 10,956 (8.8)%
Total revenue, net$13,508 $14,436 (6.4)%
Net income$8,755 $138 NM
Adjusted EBITDA¹$(8,915)$504 NM
NM - Not Meaningful
¹ See "Non-GAAP Financial Measures” section for additional information.
Brad Jacobs, chairman and chief executive officer of QXO, said, “With our $11 billion acquisition of Beacon completed, we’re off to a good start toward becoming the leading tech-enabled company in the $800 billion building products distribution industry. Now it’s time to apply our proven playbook to make an already great business even better.”
First Quarter Highlights
Total revenue for the quarter was $13.5 million, compared with $14.4 million for the same period in 2024. Software product revenue was $3.5 million, compared with $3.5 million for the same period in 2024. Service and other revenue was $10.0 million, compared with $11.0 million for the same period in 2024.
Net income, inclusive of $56.6 million interest income, was $8.8 million.
Adjusted EBITDA, a non-GAAP measure, was negative $8.9 million, compared with positive $0.5 million for the same period in 2024. The decline in Adjusted EBITDA relates to higher employee-related costs, reflecting the introduction of a new senior management team to execute QXO’s expansive growth plan.
About QXO
QXO is the largest publicly traded distributor of roofing, waterproofing and complementary building products in the United States. The company plans to become the tech-enabled leader in the $800 billion building products distribution industry and generate outsized value for shareholders. QXO is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.
Non-GAAP Financial Measures
As required by the rules of the SEC, we provide reconciliations of the non-GAAP financial measures contained in this press release to the most directly comparable measure under GAAP, which are set forth in the financial tables attached to this press release. QXO’s non-GAAP financial measure in this press release is adjusted EBITDA.
We believe that the above adjusted financial measure facilitates analysis of our ongoing business operations because it excludes items that may not be reflective of, or are unrelated to, QXO’s core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying business. Other companies may calculate this non-GAAP financial measure differently, and therefore our measure may not be comparable to similarly titled measures of other companies. This non-GAAP financial measure should only be used as a supplemental measure of our operating performance.
Adjusted EBITDA includes adjustments for share-based compensation, transaction, and severance costs as set forth in the attached reconciliation. Transaction adjustments are generally incremental costs that result from an actual or planned acquisition or divestiture and may include transaction costs, consulting fees, retention awards, internal salaries and wages (to the extent the individuals are assigned full-time to integration and transformation activities) and certain costs related to integrating and converging IT systems. Management uses this non-GAAP financial measure in making financial, operating and planning decisions and evaluating QXO’s ongoing performance.
We believe that adjusted EBITDA improves comparability from period to period by removing the impact of our capital structure (interest and financing expenses), asset base (depreciation and amortization), tax impacts and other adjustments as set out in the attached tables that management has determined are not reflective of core operating activities and thereby assist investors with assessing trends in our underlying businesses.
Because of these limitations, you should consider adjusted EBITDA alongside other financial performance measures, including various cash flow metrics, net income (loss), and our other GAAP results.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical facts, including statements about beliefs, expectations, targets or goals are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and
Mar 4, 2025
2 qxo-202534xexx991.htm
Document
Exhibit 99.1
QXO Reports Fourth Quarter 2024 Results
GREENWICH, Conn. — March 4, 2025 — 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.
Three Months Ended December 31,Year Ended December 31,
(in thousands)20242023Change %20242023Change %
Revenue:
Software product, net$4,977 $4,640 7.3 %$15,261 $14,111 8.1 %
Service and other, net9,766 10,069 (3.0)%41,612 40,406 3.0 %
Total revenue, net$14,743 $14,709 0.2 %$56,873 $54,517 4.3 %
Net income (loss)$11,289 $419 NM$27,969 $(1,070)NM
Adjusted EBITDA¹$(7,655)$684 NM$(19,832)$2,717 NM
NM - Not Meaningful
¹ See “Non-GAAP Financial Measures” section for additional information.
“We are making significant strides in establishing QXO as a tech-forward leader in the $800 billion building products distribution industry,” said Brad Jacobs, chairman and chief executive officer of QXO. “Our strong balance sheet, including more than $5 billion of cash and no debt, is enabling our world-class leadership team to pursue multiple high-value M&A opportunities.”
Fourth Quarter Highlights
Total revenue for the quarter was $14.7 million, compared with $14.7 million for the same period in 2023. Software product revenue was $5.0 million, compared with $4.6 million for the same period in 2023. Service and other revenue was $9.8 million, compared with $10.1 million for the same period in 2023.
Net income, inclusive of $61.4 million interest income, was $11.3 million.
Adjusted EBITDA, a non-GAAP measure, was a loss of $(7.7) million, compared with a gain of $0.7 million for the same period in 2023. The year-over-year decrease in adjusted EBITDA reflects costs related to the introduction of a new senior management team to execute QXO’s expansive growth plan.
As of December 31, 2024, the company had approximately $5.1 billion in cash on hand and no debt.
About QXO
QXO provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. The company provides consulting and professional services, including specialized programming, training and technical support, and develops proprietary software. As a value-added reseller of business application software, QXO offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence and other applications. QXO plans to become a tech-forward leader in the $800 billion building products distribution industry. The company is targeting tens of billions of dollars of annual revenue in the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.
Non-GAAP Financial Measures
As required by the rules of the SEC, we provide reconciliations of the non-GAAP financial measures contained in this press release to the most directly comparable measure under GAAP, which are set forth in the financial tables attached to this press release. QXO’s non-GAAP financial measure in this press release is adjusted EBITDA.
We believe that the above adjusted financial measure facilitates analysis of our ongoing business operations because it excludes items that may not be reflective of, or are unrelated to, QXO’s core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying business. Other companies may calculate this non-GAAP financial measure differently, and therefore our measure may not be comparable to similarly titled measures of other companies. This non-GAAP financial measure should only be used as a supplemental measure of our operating performance.
Adjusted EBITDA includes adjustments for share-based compensation, transaction, and severance costs as set forth in the attached reconciliation. Transaction adjustments are generally incremental costs that result from an actual or planned acquisition or divestiture and may include transaction costs, consulting fees, retention awards, internal salaries and wages (to the extent the individuals are assigned full-time to integration and transformation activities) and certain costs related to integrating and converging IT systems. Management uses this non-GAAP financial measure in making financial, operating and planning decisions and evaluating QXO’s ongoing performance.
We believe that adjusted EBITDA improves comparability from period to period by removing the impact of our capital structure (interest and financing expenses), asset base (depreciation and amortization), tax impacts and other adjustments as set out in the attached tables that management has determined are not reflective of co
Nov 13, 2024
2 qxo-20241113xexx991.htm
Document
Exhibit 99.1
QXO Reports Third Quarter 2024 Results
GREENWICH, Conn. — November 13, 2024 — 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.
Three Months EndedNine Months Ended
(in thousands) September 30, 2024September 30, 2023 Percent Change September 30, 2024September 30, 2023Percent Change
Revenue:
Software product, net$3,028 $2,850 6.2 %$10,284 $9,471 8.6 %
Service and other, net10,127 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 %
Net income (loss)$17,132 $(2,110)NM$16,680 $(1,489)NM
Adjusted EBITDA¹$(11,469)$665 NM$(12,177)$2,033 NM
NM - Not Meaningful
¹ See "Non-GAAP Financial Measures” section for additional information on non-GAAP financial measures.
Brad Jacobs, chairman and chief executive officer of QXO, said, “With over $5 billion in cash, no debt and a seasoned leadership team, we’re poised to make QXO a leader in the $800 billion building products distribution industry.”
Third Quarter Highlights
Total revenue for the quarter was $13.16 million, compared with $13.42 million for the same period in 2023. Software product revenue was $3.03 million, compared with $2.85 million for the same period in 2023. Service and other revenue was $10.13 million, compared with $10.57 million for the same period in 2023.
Net income, inclusive of $57.0 million interest income, was $17.1 million.
Adjusted EBITDA, a non-GAAP measure, was negative $11.47 million, compared with positive $665,000 for the same period in 2023. The decline in Adjusted EBITDA relates to higher employee-related costs, reflecting the introduction of a new senior management team to execute QXO’s expansive growth plan.
The company completed two previously announced private placements during the quarter, raising approximately $4.1 billion to support its growth strategy and increasing the number of common shares outstanding to 409.4 million.
As of September 30, 2024, the company had approximately $5.04 billion in cash on hand.
About QXO
QXO provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. The company provides consulting and professional services, including specialized programming, training and technical support, and develops proprietary software. As a value-added reseller of business application software, QXO offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management,business intelligence and other applications. QXO plans to become a tech-forward leader in the $800 billion building products distribution industry. The company is targeting tens of billions of dollars of annual revenue in the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.
Non-GAAP Financial Measures
As required by the rules of the SEC, we provide reconciliations of the non-GAAP financial measures contained in this press release to the most directly comparable measure under GAAP, which are set forth in the financial tables attached to this press release.
QXO’s non-GAAP financial measures in this press release include Adjusted EBITDA.
We believe that the above adjusted financial measure facilitates analysis of our ongoing business operations because it excludes items that may not be reflective of, or are unrelated to, QXO’s core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying business. Other companies may calculate this non-GAAP financial measure differently, and therefore our measure may not be comparable to similarly titled measures of other companies. This non-GAAP financial measure should only be used as a supplemental measure of our operating performance.
Adjusted EBITDA includes adjustments for share-based compensation, transaction, and severance costs as set forth in the attached reconciliation. Transaction adjustments are generally incremental costs that result from an actual or planned acquisition or divestiture and may include transaction costs, consulting fees, retention awards, internal salaries and wages (to the extent the individuals are assigned full-time to integration and transformation activities) and certain costs related to integrating and converging IT systems. Management uses this non-GAAP financial measure in making financial, operating and planning decisions and evaluating QXO’s ongoing performance.
We believe that Adjusted EBITDA improves comparability from period to period by removing the impact of our capital structure (interest and financing expenses), asset base (depreciation and amortization), tax impacts and other adjustments as set out in the attached tables that management has det
Aug 14, 2024
2 qxo-20240810xexx991.htm
Document
Exhibit 99.1
QXO Reports Second Quarter 2024 Results
GREENWICH, Conn. — August 14, 2024 — 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) million, compared with $705,000.
•As of June 30, 2024, the company had approximately $971 million in cash on hand. In July 2024, the company completed two previously announced private placements, increasing its cash position to approximately $5.0 billion.
Financial Highlights for the Six Months Ended June 30, 2024, Compared with the Six Months Ended June 30, 2023:
•Total revenue was $28.98 million, compared with $26.39 million.
•Software product revenue was $7.26 million, compared with $6.62 million.
•Service and other revenue was $21.72 million, compared with $19.77 million.
•Net loss was ($452,000) or ($9.72) loss per basic and diluted share, compared with net income of $621,000 or $0.95 earnings per basic and diluted share.
•Adjusted EBITDA, a non-GAAP measure, was ($708,000), compared with $1.37 million.
The year-over-year declines in three- and six-month 2024 Adjusted EBITDA were due to higher employee-related costs in the second quarter, reflecting the introduction of a new senior management team to execute the company’s expansive growth plan.
Brad Jacobs, chairman and chief executive officer of QXO, said, “I’m pleased that we’ve achieved three significant milestones in less than 10 weeks since launching QXO. We have an accomplished senior management team and board of directors in place, and approximately $5 billion of cash to execute our strategy, following two private placements. These are all cornerstones of our plan to become a tech-forward leader in building products distribution through accretive acquisitions and organic growth.”
For more details on QXO’s three- and six-month results, refer to the company’s Form 10-Q filed with the U.S. Securities and Exchange Commission (“SEC”), accessible at www.sec.gov.
About QXO
QXO provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. The company provides consulting and professional services, including specialized programming, training and technical support, and develops proprietary software. As a value-added reseller of business application software, QXO offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management,business intelligence and other applications. QXO plans to become a tech-forward leader in the $800 billion building products distribution industry. The company is targeting tens of
billions of dollars of annual revenue in the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.
Non-GAAP Financial Measures
As required by the rules of the SEC, we provide reconciliations of the non-GAAP financial measures contained in this press release to the most directly comparable measure under GAAP, which are set forth in the financial tables attached to this press release.
QXO’s non-GAAP financial measures in this press release include Adjusted EBITDA.
We believe that the above adjusted financial measure facilitates analysis of our ongoing business operations because it excludes items that may not be reflective of, or are unrelated to, QXO’s core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying business. Other companies may calculate this non-GAAP financial measure differently, and therefore our measure may not be comparable to similarly titled measures of other companies. This non-GAAP financial measure should only be used as a supplemental measure of our operating performance.
Adjusted EBITDA includes adjustments for share-based compensation, transaction, and severance costs as set forth in the attached reconciliation. Transaction adjustments are generally incremental costs that result from an actual or planned acquisition or divestiture and may include transaction costs, consulting fees, retention awards, internal salaries and wages (to the extent the individuals are assigned full-time to integration and transformation activities) and certain costs related to integrating and converging IT systems. Management uses this non-GAAP financial measure in making financial, operating and planning decisions a
Nov 16, 2010
2 ex99-1.htm
ex99-1.htm
5 Regent Street, Livingston, NJ 07039
Trey Resources Reports Revenues of $1,908,216 for Third Quarter
Livingston, NJ, November 15, 2010 -- Trey Resources, Inc. (OTC Pink Sheets: TYRIA), the premier total solutions provider specializing in business software for the small- and medium-sized business market, yesterday reported its financial results for its third quarter and nine months ended September 30, 2010 in a Form 10-Q filed with the SEC.
For the quarter ending September 30, 2010, the Company reported revenue of $1,908,216 as compared to $1,861,205 for the third quarter of 2009, an increase of 2.5%.
The Company reported, on a consolidated basis, loss from operations of $107,686 in the quarter ending September 30, 2010, as compared to operating income of $149,281 for the quarter ended September 30, 2009, primarily due to increased corporate overhead associated with assorted software development programs and new sales initiatives.
For the first nine months of fiscal 2010, the Company reported revenue of $5,524,363 as compared to revenue of $5,751,394 for the first nine months of 2009, a decrease of 3.9%. This decrease reflects the general softness in the economy as customers scale back projects or put the projects on hold.
Net income on a consolidated basis for the first nine months of fiscal 2010 was $405,608, versus a loss of $850,031 for the same period in 2009.
Mark Meller, CEO of Trey Resources, said, “Trey has weathered the financial storm which has impacted the economy and our industry over the past 24 months. While sales are down on a year to date basis, our sales pipeline is strong. In a time when other competitors were slashing expenses and reducing development budgets, we have aggressively spent on the development of extended solutions and are exploring new proprietary products. We have aggressively marketed our software development capabilities, and have made significant inroads in providing development work to our channel partners who are looking for more cost effective ways to maintain and upgrade their proprietary solutions. Most importantly, we have entered into a very favorable loan modification with our lender, and we have hopes that we will be able to retire the debt in full by the end of 2011. While we work towards that goal, the lender has agreed to refrain from any further conversions of the debt into equity. We believe the worst is behind us, and are very optimistic about the future. We look forward to delivering superior financial results in the coming quarters.”
About Trey Resources
Trey Resources is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, Trey has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit www.treyresources.com, www.swktech.com, www.mapadoc.com, or contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e-mail at mark.meller@swktech.com.
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to Trey Resources, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
Aug 30, 2007
8-K 1 form8-k_15402.txt
Date of Report (Date of earliest event reported): August 21, 2007
(Exact name of registrant as specified in its charter)
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification No.)
(Address of Principal Executive Offices) (Zip Code)
On August 21, 2007, the Company announced, via press release, the Company's financial results for the period ended June 30, 2007. A copy of the Company's press release is attached hereto as Exhibit 99.1. The attached exhibit is provided under Item 2.02 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
(d) Exhibits
99.1 Press release dated August 21, 2007 entitled "Trey Resources Reports Revenues in Excess of $1,795,000 for Second Quarter"
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ Mark Meller
Mark Meller President, Chief Executive Officer and Principal Accounting Officer
Date: August 30, 2007
2
99.1 Press release dated August 21, 2007 entitled "Trey Resources Reports Revenues in Excess of $1,795,000 for Second Quarter"
3
May 17, 2007
8-K 1 form8k_15174.txt
PURSUANT TO SECTION 13 OR 15(d) OF
Date of Report (Date of earliest event reported): May 16, 2007
(Exact name of registrant as specified in its charter)
(State or Other Jurisdiction of (Commission (I.R.S. Employer Incorporation or Organization) File Number) Identification No.)
(Address of Principal Executive Offices) (Zip Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (SEE General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On May 16, 2007, the Company announced, via press release, the Company's financial results for the period ended March 31, 2007. A copy of the Company's press release is attached hereto as Exhibit 99.1. The attached exhibit is provided under Item 2.02 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
(d) Exhibits
99.1 Press release dated May 16, 2007 entitled "Trey Resources Reports Best Quarter In Company History, Company's Subsidiary, SWK Technologies, Achieves Operating Profit"
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ Mark Meller
Mark Meller President, Chief Executive Officer and Principal Accounting Officer
Date: May 17, 2007
2
99.1 Press release dated May 16, 2007 entitled "Trey Resources Reports Best Quarter In Company History, Company's Subsidiary, SWK Technologies, Achieves Operating Profit"
3
Aug 28, 2006
8-K 1 form8-k_14585.txt
Date of Report (Date of earliest event reported): August 22, 2006
(Exact name of registrant as specified in its charter)
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification No.)
(Address of Principal Executive Offices) (Zip Code)
On August 22, 2006, the Company announced, via press release, the Company's financial results for the period ended June 30, 2006. A copy of the Company's press release is attached hereto as Exhibit 99.1. The attached exhibit is provided under Item 2.02 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
(d) Exhibits
99.1 Press release dated August 22, 2006 entitled "Trey Resources Reports Revenues in Excess of $1,568,000 for Second Quarter".
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ Mark Meller
Mark Meller President, Chief Executive Officer and Principal Accounting Officer
Date: August 28, 2006
99.1 Press release dated August 22, 2006 entitled "Trey Resources Reports Revenues in Excess of $1,568,000 for Second Quarter".
May 18, 2006
8-K 1 form8-k_14401.txt
Date of Report (Date of earliest event reported): May 8, 2006
(Exact name of registrant as specified in its charter)
(State or Other Jurisdiction of (Commission (I.R.S. Employer Incorporation or Organization) File Number) Identification No.)
(Address of Principal Executive Offices) (Zip Code)
On May 16, 2006, the Company announced, via press release, the Company's financial results for the period ended March 31, 2006. A copy of the Company's press release is attached hereto as Exhibit 99.2. The attached exhibit is provided under Item 2.02 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
On May 8, 2006, the Company announced that its wholly owned subsidiary, SWK Technologies, Inc., the premier total solutions provider specializing in business software solutions, has signed a non-binding letter of intent to acquire AMP-BEST Consulting, Inc. of Syracuse, NY. A copy of the Company's press release is attached hereto as Exhibit 99.1.
(d) Exhibits
99.1 Press release dated May 8, 2006 entitled "Trey Resources Signs Letter of Intent to Acquire AMP-BEST Consulting".
99.2 Press release dated May 16, 2006 entitled "Trey Resources Reports Best Quarter in Company History"
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ Mark Meller
Mark Meller President, Chief Executive Officer and Principal Accounting Officer
Date: May 18, 2006
2
99.1 Press release dated May 8, 2006 entitled "Trey Resources Signs Letter of Intent to Acquire AMP-BEST Consulting".
99.2 Press release dated May 16, 2006 entitled "Trey Resources Reports Best Quarter in Company History"
3
Apr 6, 2006
8-K 1 form8k_14273.txt
Date of Report (Date of earliest event reported): April 3, 2006
(Exact name of registrant as specified in its charter)
------------------------------- ----------- ---------------- (State or Other Jurisdiction of (Commission (I.R.S. Employer Incorporation or Organization) File Number) Identification No.)
---------------------------------------- ---------- (Address of Principal Executive Offices) (Zip Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[_] Written communications pursuant to Rule 425 under the Securities Act (17
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.24d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.23e-4(c))I
On April 3, 2006, the Company announced, via press release, the Company's financial results for the fiscal year ended December 31, 2005. A copy of the Company's press release is attached hereto as Exhibit 99.1. The attached exhibit is provided under Item 2.02 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
(d) Exhibits
99.1 Press release dated April 3, 2006 entitled "Trey Resources Reports Record Revenue of $4,180,075 for 2005".
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ Mark Meller
Mark Meller President, Chief Executive Officer and Principal Accounting Officer
Date: April 6, 2006
2
99.1 Press release dated April 3, 2006 entitled "Trey Resources Reports Record Revenue of $4,180,075 for 2005".
3
Nov 21, 2005
8-K 1 form8-k_14001.txt
Date of Report (Date of earliest event reported): November 14, 2005
(Exact name of registrant as specified in its charter)
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification No.)
(Address of Principal Executive Offices) (Zip Code)
On November 14, 2005, the Company announced, via press release, the Company's financial results for period ended September 30, 2005. A copy of the Company's press release is attached hereto as Exhibit 99.1. The attached exhibit is provided under Item 2.02 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
(c) List of Exhibits
99.1 Press release dated November 14, 2005 entitled "Trey Resources Reports Revenues in Excess of $1,139,000 for Third Quarter".
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: s/Mark Meller
Mark Meller President, Chief Executive Officer and Principal Accounting Officer
Date: November 21, 2005
99.1 Press release dated November 14, 2005 entitled "Trey Resources Reports Revenues in Excess of $1,139,000 for Third Quarter".
Aug 16, 2005
8-K 1 form8-k_13791.txt
PURSUANT TO SECTION 13 OR 15(d) OF
Date of Report (Date of earliest event reported): August 8, 2005
(Exact name of registrant as specified in its charter)
(State or Other Jurisdiction of (Commission (I.R.S. Employer Incorporation or Organization) File Number) Identification No.)
(Address of Principal Executive Offices) (Zip Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[_] Written communications pursuant to Rule 425 under the Securities Act (17
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13c-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On August 8, 2005, the Company announced, via press release, the Company's financial results for period ended June 30, 2005. A copy of the Company's press release is attached hereto as Exhibit 99.1. The attached exhibit is provided under Item 2.02 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
(c) List of Exhibits
99.1 Press release dated August 8, 2005 entitled "Trey Resources Reports Revenues in Excess of $955,000 for Second Quarter".
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ Mark Meller
Mark Meller President, Chief Executive Officer and Principal Accounting Officer
Date: August 16, 2005
2
99.1 Press release dated August 8, 2005 entitled "Trey Resources Reports Revenues in Excess of $955,000 for Second Quarter".
3
May 23, 2005
8-K 1 form8-k_13567.txt
Date of Report (Date of earliest event reported): May 13, 2005
(Exact name of registrant as specified in its charter)
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification No.)
(Address of Principal Executive Offices) (Zip Code)
On May 13, 2005, the Company announced via press release the Company's financial results for the period ended March 31, 2005. A copy of the Company's press release is attached hereto as Exhibit 99.1. The attached exhibit is provided under Item 2.02 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
(c) List of Exhibits
99.1 Press release dated May 13, 2005 entitled "Trey Resources Reports Record Revenues in Excess of $1MM for First Quarter"
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
By: /s/ Mark Meller
Mark Meller President, Chief Executive Officer and Principal Accounting Officer
Date: May 23, 2005
2
99.1 Press release dated May 13, 2005 entitled "Trey Resources Reports Record Revenues in Excess of $1MM for First Quarter"
3
This page provides QXO Inc. (QXO) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on QXO's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.