---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-020507"
form_type: "8-K"
ticker: "RLGT"
cik: "0001171155"
company_name: "RADIANT LOGISTICS, INC"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T05:53:18.505774+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Radiant Logistics Q3 revenue $244.2M (-44.7% YoY), net income $4.2M vs $13.6M

## Summary
- Revenue fell 44.7% YoY to $244.2M; excluding $62.2M in project charters, down 35.6%.
- Net income attributable to Radiant dropped 69.1% to $4.2M ($0.08 fully diluted) from $13.6M ($0.27).
- Adjusted EBITDA decreased 48.7% to $11.6M from $22.6M YoY; margin fell 980 bps to 17.2%.
- Bought back 839,864 shares at avg $5.95 for $5.0M in nine months; $4.2M more through May 5, 2023.
- CEO cites rapid freight-market softening; company is virtually debt-free with $17.0M net cash.

## SEC filing metadata
- accession: 0000950170-23-020507
- form_type: 8-K
- ticker: RLGT
- cik: 0001171155
- company_name: RADIANT LOGISTICS, INC
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1171155/000095017023020507/0000950170-23-020507-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1171155/000095017023020507/rlgt-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-020507
- JSON: https://secwatch.observer/filing/0000950170-23-020507.json
- Plain text: https://secwatch.observer/filing/0000950170-23-020507.txt

## Key facts
- Earnings Releases
  RADIANT LOGISTICS, INC reported third fiscal quarter ended March 31, 2023 results: revenue $244.2 million, net income $4.2 million, EPS $0.09 per basic and $0.08 per fully diluted share.
  - Period: third fiscal quarter ended March 31, 2023
  - Revenue: $244.2 million
  - Net income: $4.2 million
  - EPS: $0.09 per basic and $0.08 per fully diluted share
  - Result: reported results
  source text: Revenues decreased to $244.2 million for the third fiscal quarter ended March 31, 2023, down $197.1 million or 44.7%, compared to revenues of $441.3 million for the comparable prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1171155/000095017023020507/0000950170-23-020507-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.