Overview

* Armlogi ( BTOC ) fiscal Q1 revenue rises 16.5% yr/yr, driven by strong demand for services

* Net loss for fiscal Q1 widens to $6.5 mln from $4.6 mln last year

* Gross loss improves despite freight cost pressures, reflecting operational progress

Outlook

* Company to focus on maximizing expanded warehouse network and improving gross margins

* Armlogi ( BTOC ) aims to leverage infrastructure and customer base for long-term value

* Company highlights importance of Illinois facility for Midwest expansion

Result Drivers

* TRANSPORTATION VOLUME - Transportation services revenue increased 12.6% due to higher shipment volumes from new warehouse locations

* WAREHOUSING EXPANSION - Warehousing services revenue rose 24.4% driven by the expansion of the company's warehouse network

* COST MANAGEMENT - Improved gross loss margin despite freight cost pressures due to diversified carrier relationships and competitive pricing

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 $49.50

Revenue mln

Q1 EPS -$0.15

Q1 Net -$6.50

Income mln

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)