Revenue rose 12% to $327.1 million, driven by the Rex acquisition and growth in ground support equipment, while a $111.2 million non-cash bargain purchase gain from Rex led to net income of $78.0 million despite an operating loss. Integration of Rex and contract renewals with FedEx remain key prior…
Revenue rose 12% to $327.1 million, driven by the Rex acquisition and growth in ground support equipment, while a $111.2 million non-cash bargain purchase gain from Rex led to net income of $78.0 million despite an operating loss. Integration of Rex and contract renewals with FedEx remain key priorities.
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