secwatch.observer — SEC 8-K summary
======================================

Issuer:     RADIANT LOGISTICS, INC (RLGT)
CIK:        0001171155
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0000950170-23-062010
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radiant Logistics Q1 revenue $210.8M (-36.3% YoY); net income $2.6M (-69%)
--------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171155/000095017023062010/0000950170-23-062010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171155/000095017023062010/rlgt-20231109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-062010

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