secwatch.observer — SEC 8-K summary
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Issuer:     RADIANT LOGISTICS, INC (RLGT)
CIK:        0001171155
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0000950170-23-047928
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radiant Logistics FY2023 revenue falls 25.6% to $1.09B; adjusted EBITDA down 31.3%
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- Revenue $1,085.5M vs $1,459.4M prior year (-25.6%); net income $20.6M ($0.43 basic) vs $44.5M ($0.90) (-53.7%)
- Adjusted EBITDA $55.6M vs $80.9M (-31.3%); adjusted EBITDA margin 19.6% vs 26.4% (-680 bps)
- Record cash from operations $97.9M; debt free with $32.5M cash on hand
- Stock buyback: 1,784,249 shares at avg $6.20 for $11.1M
- Q4 net income $3.1M on $232.2M revenue vs $16.7M on $382.9M prior year

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171155/000095017023047928/0000950170-23-047928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171155/000095017023047928/rlgt-20230913.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-047928

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