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Stock impact report

QXO Announces Launch of Term Loan Refinancing

QXO, Inc. (QXO) 
Company Research Source: Business Wire
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (“QXO” or the “Company”) (NYSE: QXO) today launched a refinancing of its Term Loan B. The refinancing is subject to market and other conditions, and no assurances are made that the Company will consummate the refinancing on the terms contemplated, or at all.In connection with the refinancing, the Company provided to potential lenders the following summarized preliminary financial information. The Company expects to file its quarterly report on Form 10-Q for the quarter ended September 30, 2025 on November 6, 2025.THIRD QUARTER 2025 SUMMARY PRELIMINARY RESULTSNet sales of $2.73 billionGAAP net loss of $139 millionAdjusted Net Income attributable to common stockholders of $121 millionAdjusted EBITDA of $302 millionAdjusted Diluted EPS of $0.14Cash and cash equivalents of $2.3 billionDebt of $3.1 billion (excluding finance lease obligations)Total net debt is expected to remain consistent following the refinancing.The Company’s preliminary Show less Read more
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