Radiant Logistics Earnings Reports

Radiant Logistics, Inc. announced strong financial results for the third fiscal quarter ended March 31, 2025, with revenues increasing by 15.9% to $214.0 million and net income attributable to Radiant Logistics, Inc. rising significantly to $2.5 million, up 457.1% from the prior year. Adjusted EBITDA also saw a substantial increase of 80.8% to $9.4 million.

Radiant Logistics reported revenues of $264.5 million and net income of $6.5 million for the second fiscal quarter ended December 31, 2024. The company's adjusted EBITDA was $12.0 million, and they continue to focus on profitable growth through organic and acquisition initiatives.

Radiant Logistics reported revenues of $203.6 million and net income of $3.4 million, or $0.07 per share, for the first fiscal quarter ended September 30, 2024. The company also reported adjusted EBITDA of $9.5 million.

Radiant Logistics reported Q4 2024 revenues of $206.0 million, a decrease of 11.3% compared to the prior year, but an increase of 11.6% sequentially. Net income attributable to Radiant Logistics was $4.8 million, or $0.10 per share, up 54.8% year-over-year. The company completed multiple acquisitions and maintained a strong balance sheet with $24.9 million in cash and no debt.

Radiant Logistics reported a decrease in revenue and profitability for Q3 2024 compared to the prior year, impacted by weak freight demand and excess capacity. However, the company saw sequential improvement throughout the quarter and completed strategic acquisitions to strengthen its service offerings. The company remains debt-free with a strong balance sheet.

Radiant Logistics reported a decrease in revenue to $201.1 million and a net income of $1.0 million, or $0.02 per share, for the second fiscal quarter ended December 31, 2023. The company continues to navigate difficult freight markets and remains optimistic about market normalization in the latter half of 2024.

Radiant Logistics reported a decrease in revenue and net income for the first quarter of fiscal year 2024, impacted by challenging freight market conditions. Despite market headwinds, the company generated $7.9 million in cash from operations and maintained a strong balance sheet.

Radiant Logistics reported Q4 2023 results with net income attributable to Radiant Logistics, Inc. of $3.1 million on revenues of $232.2 million, or $0.07 per basic and $0.06 per fully diluted share. The company generated a record $97.9 million in cash from operations for the fiscal year ended June 30, 2023 and is debt free and well positioned for future growth.

Radiant Logistics reported a decrease in revenue and net income for the third quarter of fiscal year 2023, impacted by softening freight markets, though results remained ahead of pre-pandemic levels. The company is in a strong financial position with significant cash from operations and is continuing its stock buy-back program.

Radiant Logistics reported a decrease in revenues to $278.1 million, a 17.2% decrease compared to the prior year. However, gross profit increased to $70.4 million, a 3.8% increase year-over-year. Net income attributable to Radiant Logistics, Inc. decreased to $4.8 million, or $0.10 per share.

Radiant Logistics reported record preliminary unaudited financial results for the first fiscal quarter ended September 30, 2022. Revenues increased to a record $331.0 million, net income attributable to Radiant Logistics, Inc. increased to a record $8.0 million, and adjusted EBITDA increased to a record $18.5 million.

Radiant Logistics reported a strong Q4 with revenues increasing by 54.6% to $398.6 million and adjusted EBITDA increasing by 96.5% to $27.7 million. Net income attributable to Radiant Logistics increased to $18.3 million, or $0.36 per fully diluted share.

Radiant Logistics reported record financial results for Q3 2022, with revenues of $460.9 million, a 94.9% increase year-over-year, and net income of $14.3 million, up 186.0% year-over-year. Adjusted EBITDA reached $23.6 million, an 82.9% increase year-over-year, and the adjusted EBITDA margin improved to 27.8%.

Radiant Logistics reported record financial results for the second quarter ended December 31, 2021. Revenues increased by 52.1% to $332.8 million, net revenues increased by 29.5% to $71.6 million, and net income attributable to Radiant Logistics increased by 81.6% to $6.9 million, or $0.14 per basic and fully diluted share. Adjusted EBITDA increased by 38.4% to $17.3 million, and the adjusted EBITDA margin increased by 140 basis points to 24.1%.

Radiant Logistics reported record revenues of $286.1 million, a 62.6% increase year-over-year, and record net income of $7.1 million, a 129.0% increase year-over-year, for the first quarter ended September 30, 2021. The company also saw improvements in its adjusted EBITDA margin, which increased 230 basis points to a record 22.4%.

Radiant Logistics reported a decrease in revenues to $257.9 million, but excluding Covid-related project revenues, revenues were up 71.9%. The company also reported record net revenues, net income, adjusted net income, and adjusted EBITDA.

Radiant Logistics reported record revenues of $236.5 million, record net revenues of $56.8 million, record net income of $5.0 million, record adjusted net income of $9.1 million, and record adjusted EBITDA of $12.9 million for the third fiscal quarter ended March 31, 2021.

Radiant Logistics reported revenues of $218.8 million and net income of $3.8 million for the quarter ended December 31, 2020. The company's non-asset based variable cost model and diverse service offerings allowed it to navigate the impact of the pandemic effectively. Strategic initiatives drove bottom-line growth, particularly in Canada and the Clipper brokerage business.

Radiant Logistics reported revenues of $175.9 million and net income of $3.1 million, or $0.06 per share for the quarter ended September 30, 2020. The company mitigated the negative financial impact of COVID-19 through cost-saving and strategic initiatives.

Radiant Logistics reported record revenues of $275.5 million and adjusted EBITDA of $13.1 million for the fourth quarter ended June 30, 2020. Net income attributable to common stockholders increased slightly to $4.7 million, or $0.09 per share. The company's performance was bolstered by its role in delivering essential products, including PPE, during the COVID-19 pandemic.

Radiant Logistics reported a decrease in revenue to $177.2 million compared to $206.0 million in the prior year period. Net income attributable to common stockholders was $0.1 million, or $0.00 per share, compared to $2.9 million, or $0.06 per share in the prior year period. Adjusted net income was $4.0 million, or $0.08 per share, compared to $5.6 million, or $0.11 per share in the prior year period. Adjusted EBITDA was $6.1 million compared to $8.4 million for the comparable prior year period.

Radiant Logistics reported revenues of $201.9 million and adjusted EBITDA of $9.4 million for the second fiscal quarter ended December 31, 2019. The company faced challenges including non-recurring disaster relief project work in the prior year, exiting lower margin business, and market softness due to slower global trade and margin pressures.