secwatch.observer — SEC 8-K summary
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Issuer:     RADIANT LOGISTICS, INC (RLGT)
CIK:        0001171155
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0000950170-24-125341
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radiant Logistics Q1 revenue $203.6M (-3.4% YoY); adj. net income $7.9M (+21.5%)
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- Revenue $203.6M, down 3.4% YoY; gross profit $54.1M, down 5.9%.
- Adjusted net income $7.9M ($0.17 basic EPS), up 21.5% from $6.5M.
- Adjusted EBITDA $9.5M, up 3.3% from $9.2M; margin improved to 16.4% (+130 bps).
- Acquired Foundation Logistics (TX) effective Sept 1 and Focus Logistics (MI) effective Oct 1, 2024.
- Purchased 129,360 shares at avg $5.47 for $0.7M in Q1; $10M cash, no debt, $200M credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171155/000095017024125341/0000950170-24-125341-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171155/000095017024125341/rlgt-20241112.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-125341

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