secwatch.observer — SEC 8-K summary
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Issuer:     RADIANT LOGISTICS, INC (RLGT)
CIK:        0001171155
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0000950170-23-009864
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radiant Logistics reports mixed Q1 and Q2 results; now current with SEC filings, zero net debt
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- Q1 (Sep 30, 2022): revenue $331M (+10.6% YoY), adjusted EBITDA record $18.5M (+21.7%), net income $8.4M.
- Q2 (Dec 31, 2022): revenue $278.1M (-17.2% YoY), adjusted EBITDA $15.3M (-8.4%), net income $4.8M.
- Six months: revenue $609.1M (-4.1%), adjusted EBITDA $33.9M (+5.9%), record; net income $13.3M.
- Acquired Cascade Enterprises effective Oct 1; bought back 839,864 shares at avg $5.95 for $5.0M.
- Cash $62.0M, total debt $53.7M; first time zero net debt; CEO expects slowing economy and normalization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171155/000095017023009864/0000950170-23-009864-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171155/000095017023009864/rlgt-20230327.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-009864

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer