earnings
confidence high
sentiment negative
materiality 0.75
Radiant Logistics Q1 revenue $210.8M (-36.3% YoY); net income $2.6M (-69%)
RADIANT LOGISTICS, INC
2024-Q1 EPS reported
$0.05
revenue$210,797,000
- Revenue $210.8M, down 36.3% YoY; gross profit $57.5M (-21.3%).
- Net income $2.6M ($0.05 diluted) vs $8.4M ($0.17) prior year.
- Adjusted EBITDA $9.2M (-50.8%); margin 15.1% vs 24.4% prior year.
- Cash from operations $7.9M; cash on hand $35.9M, $200M credit facility undrawn.
- Acquired Daleray Corp (cruise logistics) on Oct 2, 2023; bought 35,349 shares at $6.52 in Q1.