- U.S. Xpress press release ( NYSE: USX ): Q4 Non-GAAP EPS of -$0.18 misses by $0.05 .
- Revenue of $542.5M (+2.1% Y/Y) beats by $12.83M .
- "We made tremendous progress in 2022 realigning our Truckload operations and getting back to the basics in our OTR division. This message has been well received by our customers, and while the freight market is currently challenging, we will continue to focus on execution, servicing our customers at a high level, and reducing our spot market exposure. We expect the benefits from these initiatives combined with the cost savings from our Realignment Plan to positively impact our financial results as the market turns."
For further details see:
U.S. Xpress Non-GAAP EPS of -$0.18 misses by $0.05, revenue of $542.5M beats by $12.83M