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Radiant Logistics (RLGT)
:RLGT
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
<0.01Last 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:Feb 10, 2025
|% Change Since: -4.11%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
Radiant Logistics demonstrated strong financial performance with substantial growth in net income and adjusted EBITDA. The company made strategic acquisitions to enhance its market presence and maintains a robust financial position. However, it faces challenges from market headwinds and tariffs, which could impact near-term results. Despite these challenges, the company's overall outlook remains optimistic.Company Guidance
In the recent financial call, Radiant Logistics provided guidance for the second fiscal quarter ended December 31, 2024, highlighting several key metrics. The company reported a net income attributable to Radiant Logistics of $6.467 million on revenues of $264.5 million, marking a significant increase of approximately $5.482 million or 556.5% compared to the previous year. Adjusted net income for the quarter was $10.695 million, a 94.6% increase from the prior year, while adjusted EBITDA reached $12.016 million, representing a 55.9% rise. For the six-month period, net income stood at $9.843 million on revenues of $468.1 million, a 172.9% growth from the previous year. The company maintained a strong balance sheet with $20 million in cash and no significant debt, alongside an available $200 million credit facility. Despite these positive results, driven in part by projects like chartering flights for IV fluid imports due to hurricane-induced shortages, the company anticipates challenges ahead due to market headwinds and recent tariffs. Radiant Logistics continues to focus on strategic acquisitions and organic growth, evidenced by recent acquisitions such as Foundation Logistics and TCB Transportation, aiming to deliver long-term value to shareholders and partners.Significant Increase in Adjusted EBITDA
Radiant Logistics reported $12 million in adjusted EBITDA for the second fiscal quarter, an increase of approximately 55.9% compared to $7.708 million in the same quarter of the previous year.
Record Net Income Growth
The company reported net income of $6.467 million, representing a 556.5% increase from the $985,000 reported for the same period in the previous year.
Strategic Acquisitions
Radiant Logistics acquired Texas-based Foundation Logistics, Michigan-based Focus Logistics, and TCB Transportation in St. Louis, Missouri, enhancing its service offering and market presence.
Strong Financial Position
Radiant Logistics maintains a strong balance sheet with $20 million in cash, no significant debt, and an untapped $200 million credit facility.
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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 |
|---|---|---|---|
| Feb 10, 2025 | $7.05 | $7.17 | +1.70% |
| 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% |
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 May 08, 2025, TBA Not Confirmed.
What is Radiant Logistics (RLGT) earnings time?
Radiant Logistics (RLGT) earnings time is at May 08, 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 (Q3) is <0.01.
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