secwatch.observer — SEC 8-K summary
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Issuer:     RADIANT LOGISTICS, INC (RLGT)
CIK:        0001171155
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0000950170-23-004698
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radiant Logistics completes restatement, reports record FY2022 revenue $1.46B, net income $44.5M
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- Revenue $1,459.4M (+62.2% YoY); net income $44.5M ($0.88 diluted EPS) vs $23.1M ($0.45) prior year.
- Adjusted EBITDA $80.9M (+65.1%); adjusted EBITDA margin 26.4% (+437 bps).
- Restatement corrects timing of in-transit revenue accruals; net impact on FY2021 EPS unchanged at $0.45, on 9mo Mar'22 EPS down $0.01 to $0.55.
- New $200M credit facility; repurchased $16.3M of stock at avg $6.64 in 18 months ended Dec 2022.
- Company expects to file Q1 and Q2 FY2023 10-Qs in March 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171155/000095017023004698/0000950170-23-004698-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171155/000095017023004698/rlgt-20230224.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-004698

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