Radiant Logistics reports Q1 adjusted EPS 17c, consensus 14c

Reports Q1 revenue $203.6, consensus $215.02M. “While the slower freight market persists, we continue to deliver solid financial results and generated $9.5M in adjusted EBITDA for the Q1 ended September 30, 2024, which is generally in line with results from the comparable prior year period as well as our most recent previous quarter ended June 30,” said Bohn Crain, Founder and CEO of Radiant Logistics (RLGT). “Although we believe our industry will likely continue to face market headwinds into 2025, we do expect to benefit from project type opportunities over the near term that should fortify our results while we wait for a more durable, broad-based recovery.”