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U.S. Xpress Enterprises, Inc.
USX•NYSE
Industrials
Trucking
$6.15
$0.01(0.16%)

The company's financials show resilient growth, with revenue advancing from $553.70M in Q2 2022 to $492.73M in Q1 2023. Gross profit remained healthy with margins at 16% in Q1 2023 compared to 19% in Q2 2022. Operating income hit -$29.85M last quarter, sustaining a consistent -6% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$5.77M. Net income dropped to -$27.08M, while earnings per share reached -$0.52. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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