Radiant Logistics reports record Q4 net income of $11.1M, up 136% YoY; full-year adjusted EBITDA $48.8M

RADIANT LOGISTICS, INC

Q4 net income $11.1M ($0.21 diluted EPS) vs $4.7M ($0.09) a year ago; record for any quarter.
Net revenues (non-GAAP) rose 25.3% to $62.8M; total revenues down 6.4% to $257.9M due to prior-year Covid charters.
Full-year net income $22.9M ($0.45 diluted), up from $10.5M; adjusted EBITDA $48.8M vs $38.3M.
Re-engaged stock buyback, purchasing ~$1.9M of shares in Q4; balance sheet remains unlevered.
CEO cites solid legacy business recovery and new business wins; plans to restart acquisition activity.

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