GXO Logistics posts strong Q1 2022 earnings results

GXO reported that first quarter revenue saw a 14% annual gain, to $2.1 billion. Net income came in at $38 million, for a 44.8% annual gain, and operating income—at $37 million—was up 19% annually. Adjusted EBITDA, for the quarter, was $155 million, for a 15% annual gain.