earnings
confidence high
sentiment positive
materiality 0.70
Radiant Logistics reports preliminary record Q4: rev $398.6M, adjusted EBITDA $27.7M, delays 10-K filing
RADIANT LOGISTICS, INC
- Revenues $398.6M, up 54.6% YoY; GAAP net income $18.3M ($0.37 basic/$0.36 diluted EPS).
- Adjusted EBITDA $27.7M (+96.5% YoY); adjusted net income $20.2M ($0.41/$0.40 EPS), up 100%.
- Filing 12b-25 for 15-day extension on FY 2022 10-K; expects to file before extension expires.
- New $200M syndicated secured revolver (replaces $150M) with $75M accordion; $150M shelf renewed.
- CEO notes record results but cautions on inflation, labor shortages, and slowing economy impacting FY2023.