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Radiant Logistics (RLGT)
:RLGT
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Earnings Data
Report Date
Feb 17, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.07Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -3.61%
|Next Earnings Date:Sep 13, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a company that is navigating challenging market conditions with strategic acquisitions and a strong financial position. While the company has demonstrated resilience with steady EBITDA and increased net income, revenue has declined, and market headwinds persist. The sentiment is mixed with cautious optimism for future opportunities.Company Guidance
In the recent earnings call for Radiant Logistics (RLGT), the company reported a stable financial performance amid challenging market conditions. For the fiscal quarter ended September 30, 2024, RLGT achieved an adjusted EBITDA of $9.5 million, consistent with the previous quarter and the same period last year. The company maintained a strong balance sheet with around $10 million in cash, negligible debt, and a $200 million credit facility. Revenue for the quarter totaled $203.6 million, with net income rising to $3.376 million, representing a 28.8% increase compared to the prior year. Adjusted net income was $7.883 million, marking a 20.4% year-over-year increase. The company also highlighted its strategic acquisitions, including Foundation Logistics and the conversion of Focus Logistics, contributing to its growth strategy. Looking ahead, RLGT anticipates benefiting from project-based opportunities and remains focused on delivering shareholder value through organic growth and strategic acquisitions.Steady Adjusted EBITDA Performance
Radiant Logistics reported $9.5 million in adjusted EBITDA for the fiscal quarter ended September 30, 2024, in line with the previous quarter and the comparable period last year.
Strong Financial Position
The company maintains a strong balance sheet with approximately $10 million in cash, no meaningful debt, and a $200 million untapped credit facility.
Successful Acquisitions
Radiant Logistics made significant acquisitions, including Texas-based Foundation Logistics and conversion of Michigan-based Focus Logistics, indicating a strong pipeline for future growth.
Increase in Adjusted Net Income
Adjusted net income increased by approximately $1.334 million or 20.4% year-over-year for the 3 months ended September 30, 2024.
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RLGT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RLGT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $7.21 | $6.89 | -4.44% |
| Sep 12, 2024 | $6.41 | $6.63 | +3.43% |
| May 09, 2024 | $5.18 | $5.08 | -1.93% |
| Feb 08, 2024 | $6.21 | $6.34 | +2.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Radiant Logistics (RLGT) report earnings?
Radiant Logistics (RLGT) is schdueled to report earning on Feb 17, 2025, TBA Not Confirmed.
What is Radiant Logistics (RLGT) earnings time?
Radiant Logistics (RLGT) earnings time is at Feb 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RLGT EPS forecast?
RLGT EPS forecast for the fiscal quarter 2025 (Q2) is 0.07.
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