secwatch.observer — SEC 8-K summary
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Issuer:     RADIANT LOGISTICS, INC (RLGT)
CIK:        0001171155
Form:       8-K
Filed at:   2024-09-12T23:59:59+00:00
Accession:  0000950170-24-105909
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radiant Logistics Q4 net income rises 55% YoY to $4.8M; FY revenue falls 26%
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- Q4 net income $4.8M ($0.10/sh) up 55% YoY; revenues $206M (-11% YoY) but up 12% sequentially.
- FY2024 revenues $802.5M (-26% YoY); net income $7.7M ($0.16) vs $20.6M ($0.43) prior year.
- Adjusted EBITDA Q4 $9.1M (flat YoY); full-year $31.2M vs $55.6M; margin improved to 15%.
- Completed six tuck-in acquisitions in FY2024 and early FY2025, including Foundation Logistics (Sept 2024).
- Ended FY2024 with $24.9M cash, $0 drawn on $200M credit facility; bought back 726k shares for $4.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171155/000095017024105909/0000950170-24-105909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171155/000095017024105909/rlgt-20240912.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-105909

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