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.
Revenues increased by 31.5% to $264.5 million compared to the prior year period.
Net income attributable to Radiant Logistics, Inc. increased by 550.0% to $6.5 million, or $0.13 per fully diluted share.
Adjusted EBITDA increased by 55.8% to $12.0 million compared to the prior year period.
The company acquired Foundation Logistics & Services, Focus Logistics, Inc, and TCB Transportation Associates during the quarter.
Radiant Logistics anticipates near-term results to be challenged by market headwinds and potentially frustrated by recently introduced tariffs.