Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
Website:
http://www.qxo.comNext earnings report:
14 November 2024Last dividends:
05 June 2024Next dividends:
N/APrice
after hours | Thu, 03 Oct 2024 23:31:28 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
QXO Latest News
QXO, formerly SilverSun Technologies, transformed into a cash-rich entity under Brad Jacobs, aiming to consolidate the $800B building products distribution industry. Jacobs' successful "roll-up strategy" and proven track record in previous ventures like XPO and United Rentals suggest significant potential for value creation. Despite the current housing market downturn, Jacobs sees an opportunity to acquire undervalued suppliers, enhancing profitability through technology and efficient management.
Steve Weiss, founder and managing partner of Short Hills Capital Partners, joins CNBC's “Halftime Report” to explain why he's buying more QXO.
QXO has yet to make an acquisition, but its playbook has had a lot of success. Jacobs' past companies include XPO, United Rentals, and United Waste.
QXO is a planned building products roll-up backed by serial entrepreneur Brad Jacobs. Jacobs has a great track record, but QXO has not yet bought anything.
GREENWICH, Conn., Aug. 14, 2024 (GLOBE NEWSWIRE) -- QXO, Inc. (Nasdaq: QXO) today announced its second quarter results for the three and six months ended June 30, 2024.
GREENWICH, Conn., June 13, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by QXO, Inc. (Nasdaq: QXO), please note that in the third paragraph of the release, the number of outstanding shares of preferred stock referenced should be 1 million, not 219.0 million as previously stated. The corrected release follows.
GREENWICH, Conn., June 13, 2024 (GLOBE NEWSWIRE) -- QXO, Inc. (Nasdaq: QXO) (the “Company” or “QXO”), a company expected to be a tech-forward leader in the building products distribution industry, today announced that it has entered into purchase agreements with certain institutional and accredited investors for a $3.5 billion private placement financing (the “Private Placement”).
What type of business is QXO?
QXO, Inc. operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services. In addition, the company provides information technology managed services, such as cybersecurity, application hosting, disaster recovery, business continuity, cloud, and other services; and data back-up, network maintenance, and upgrade services. It serves small and medium-sized businesses primarily in the manufacturing, distribution, and service industries. QXO, Inc. is headquartered in Greenwich, Connecticut.
What sector is QXO in?
QXO is in the Technology sector
What industry is QXO in?
QXO is in the Software Application industry
What country is QXO from?
QXO is headquartered in United States
What is QXO website?
https://www.qxo.com
Is QXO in the S&P 500?
No, QXO is not included in the S&P 500 index
Is QXO in the NASDAQ 100?
No, QXO is not included in the NASDAQ 100 index
Is QXO in the Dow Jones?
No, QXO is not included in the Dow Jones index
When was QXO the previous earnings report?
No data
When does QXO earnings report?
The next expected earnings date for QXO is 14 November 2024