XPO Reports A Good Number
XPO, one of my yearly holdings and is currently negative. Reported a good number this morning. Lets see if it starts moving upwards.
Express-1, one of the nation’s top providers of ground expedited services for the automotive, manufacturing, logistics, service, and other industries, reported a 20.3% increase in revenue in the first quarter of 2007. Revenues grew to $11.5 million as compared to $9.6 million in the first quarter of 2006. During the same period, income from operations (income before income tax provision) increased by 32.7% to $739,000 versus $557,000 in the first quarter of 2006.
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