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Echo Global Logistics Inc (ECHO.OQ)

ECHO.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Echo Global Logistics reports record 2016 revenue, up 13.5% year over year
Wednesday, 8 Feb 2017 04:01pm EST 

Echo Global Logistics Inc : Echo Global Logistics reports record 2016 revenue, up 13.5% year over year . Q4 loss per share $0.10 . Sees Q1 revenue $410 million to $430 million . Sees FY 2017 revenue $1.85 billion to $1.97 billion . Q4 revenue $406.9 million versus I/B/E/S view $416.9 million . Q4 non-GAAP earnings per share $0.07 .Q4 earnings per share view $0.17 -- Thomson Reuters I/B/E/S.  Full Article

Echo Global Logistics Q2 non-GAAP earnings per share $0.27
Wednesday, 27 Jul 2016 04:01pm EDT 

Echo Global Logistics Inc : Qtrly truckload volume increased by 60% from Q2 of 2015 . Fy 2016 revenue view $1.75 billion -- Thomson Reuters I/B/E/S . Echo Global Logistics reports record second quarter results; revenue up 19% year over year . Q2 non-gaap earnings per share $0.27 . Q2 earnings per share $0.07 . Sees FY 2016 revenue $1.7 billion to $1.76 billion . Q2 revenue $444 million versus I/B/E/S view $438.3 million .Q2 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.  Full Article

Echo Global Logistics Inc gives FY 2016 revenue guidance
Thursday, 4 Feb 2016 04:01pm EST 

Echo Global Logistics Inc:Expect FY 2016 total revenue to be in the range of $1.80 billion to $1.88 billion.  Full Article

Echo Global Logistics Inc gives Q4 2015 revenue guidance in line with analysts' estimates; lowers FY 2015 revenue guidance
Wednesday, 28 Oct 2015 04:01pm EDT 

Echo Global Logistics Inc:Expects FY 2015 revenue to be in the range of $1.515 billion to $1.535 billion.Expects Q4 2015 revenue to be in the range of $410 million to $430 million.Q4 2015 revenue of $430 million - Thomson Reuters I/B/E/S.FY 2015 revenue of $1.53 billion - Thomson Reuters I/B/E/S.  Full Article

Echo Global Logistics Inc raises FY 2015 revenue guidance; Increases long term guidance for FY 2018
Wednesday, 5 Aug 2015 04:01pm EDT 

Echo Global Logistics Inc:Now Expects FY 2015 revenue to be in the range of $1.525 billion to $1.575 billion.Says Increases long-term targets to $3 billion in revenue and non-GAAP EBITDA of $150 million for FY 2018.  Full Article

Echo Global Logistics Inc completes acquisition of Command Transportation
Monday, 1 Jun 2015 05:23pm EDT 

Echo Global Logistics Inc:Completes previously announced acquisition of Command Transportation LLC.Command now operates as a wholly owned subsidiary of Echo.  Full Article

Echo Global Logistics Inc prices offering of 5,000,000 shares of common stock and upsized offering of $200,000,000 of convertible senior notes
Wednesday, 29 Apr 2015 11:18pm EDT 

Echo Global Logistics Inc:Says pricing of 5,000,000 shares of its common stock at price of $29.00 per share and $200,000,000 aggregate principal amount of its 2.50 pct. convertible senior notes due 2020 in concurrent underwritten registered public offerings (collectively, the offerings).Notes offering was upsized from previously announced $150,000,000 aggregate principal amount of notes.Says in addition, the company has granted the underwriters 30-day options to purchase up to additional 750,000 shares of common stock and $30,000,000 aggregate principal amount of notes from the company, respectively.Notes will bear interest at a rate of 2.50 pct. per year, payable semiannually in arrears on May 1 and Nov. 1 of each year, beginning on Nov, 1, 2015.  Full Article

Echo Global Logistics Inc to offer 5,000,000 shares of common stock and $150,000,000 of convertible senior notes
Monday, 27 Apr 2015 06:29am EDT 

Echo Global Logistics Inc:Plans to offer 5,000,000 shares of its common stock and $150,000,000 aggregate principal amount of convertible senior notes due 2020 in concurrent underwritten registered public offerings.Company expects to grant the underwriters 30-day options to purchase up to an additional 750,000 shares of Common Stock and $22,500,000 aggregate principal amount of Notes from the company, respectively.Offerings are not contingent upon one another and are subject to market and other conditions.Notes will pay interest semiannually and will be convertible, under certain circumstances and during certain periods, into cash, shares of Common Stock, or a combination of cash and shares of Common Stock at the Company's election.Notes will mature on May 1, 2020, unless repurchased, redeemed or converted.Intends to use the net proceeds to fund a portion of the purchase price of the Command Acquisition.Also to fund the redemption of the Notes and for working capital and general corporate purposes.Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC will act as joint book-running managers for the Offerings, and PNC Capital Markets LLC will act as co-manager for the Offerings.Stephens Inc. will act as co-manager for the Common Stock offering.  Full Article

Echo Global Logistics to acquire Command Transportation
Tuesday, 21 Apr 2015 07:01am EDT 

Echo Global Logistics Inc:Says it has entered into a definitive agreement to acquire Command Transportation, LLC, privately held truckload brokers and non-asset based transportation providers in the United States.Will acquire all of the outstanding membership units of Command for about $420 million, subject to post-closing adjustments for working capital and cash.$25 million of the purchase price will be paid in the form of Echo common and restricted stock.Echo has obtained commitments from Morgan Stanley, Credit Suisse and PNC of up to $500 million to fund the purchase price of the transaction and for general corporate purposes.Following the transaction, Command will be a wholly owned subsidiary of Echo, and the combined company will be called Echo.Upon completion of the transaction, Doug Waggoner will continue as Chief Executive Officer of Echo.The transaction is expected to close in the second quarter of 2015.Morgan Stanley & Co. LLC is serving as financial advisor to Echo and Winston & Strawn LLP is serving as its legal advisor.Much Shelist, P.C. is serving as Command's legal advisor.  Full Article

Echo Global Logistics Inc gives FY 2015 revenue outlook in line with analysts' estimates
Tuesday, 21 Apr 2015 07:00am EDT 

Echo Global Logistics Inc:Expects FY 2015 revenue guidance of $1.30 to $1.38 billion.FY 2015 revenue of $1.35 billion - Thomson Reuters I/B/E/S.  Full Article

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