Revenue: As of FY2025 Q1, the actual value is USD 613.28 M, missing the estimate of USD 617.17 M.EPS: As of FY2025 Q1, the actual value is USD -1.68.<h3>Expedited Freight Segment</h3><ul><li>Operating Revenue: $249.4 million for Q1 2025, a decrease of 8.8% compared to $273.3 million in Q1 2024.</li><li>Operating Expenses: $233.7 million for Q1 2025, a decrease of 7.9% compared to $253.8 million in Q1 2024.</li><li>Income from Operations: $15.6 million for Q1 2025, a decrease of 19.8% compared to $19.5 million in Q1 2024.</li></ul><h3>Omni Logistics Segment</h3><ul><li>Operating Revenue: $323.5 million for Q1 2025, an increase of 43.9% compared to $224.8 million in Q1 2024.</li><li>Operating Expenses: $320.1 million for Q1 2025, an increase of 26.3% compared to $253.4 million in Q1 2024.</li><li>Income from Operations: $3.4 million for Q1 2025, compared to a loss of $28.6 million in Q1 2024.</li></ul><h3>Intermodal Segment</h3><ul><li>Operating Revenue: $62.5 million for Q1 2025, an increase of 11.0% compared to $56.3 million in Q1 2024.</li><li>Operating Expenses: $57.0 million for Q1 2025, an increase of 8.1% compared to $52.7 million in Q1 2024.</li><li>Income from Operations: $5.5 million for Q1 2025, an increase of 54.5% compared to $3.6 million in Q1 2024.</li></ul><h3>Corporate</h3><ul><li>Operating Loss: $19.8 million for Q1 2025, compared to $60.2 million in Q1 2024, primarily due to reduced transaction and integration costs related to the Omni Acquisition.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: $27.6 million for Q1 2025, compared to net cash used of $51.7 million in Q1 2024.</li><li>Net Cash Used in Investing Activities: $11.2 million for Q1 2025, compared to $1,569.5 million in Q1 2024, which included the Omni Acquisition.</li><li>Net Cash Used in Financing Activities: $5.3 million for Q1 2025, compared to $158.7 million in Q1 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Strategic Review: The Board is conducting a comprehensive review of strategic alternatives to maximize shareholder value, including potential sale, merger, or other transactions.</li><li>Integration Synergies: Focus on creating synergies across services, particularly within the Expedited Freight segment, to optimize resource sharing and improve operational efficiencies.</li></ul><h3>Unique Metrics</h3><ul><li>Revenue Per Hundredweight (Expedited Freight): $31.19 for Q1 2025, a slight decrease from $31.32 in Q1 2024.</li><li>Drayage Revenue Per Shipment (Intermodal): $883 for Q1 2025, an increase of 7.4% compared to $822 in Q1 2024.</li></ul>

Forward Air | 10-Q: FY2025 Q1 Revenue Misses Estimate at USD 613.28 M