Business
RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE THIRD FISCAL QUARTER ENDED MARCH 31, 2025
Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today reported financial results for the three and nine months ended March 31, 2025.
About this update from Radiant Logistics, Inc.
[{"type":"text","content":"Continues to deliver solid financial results in face of continued market headwinds;Further progress in green-field and strategic operating partner acquisitions;Well positioned to navigate impacts of recently announced tariffswith low leverage and diversified service offering","length":278,"tagName":"p","attribs":{}},{"type":"text","content":"RENTON, Wash., May 12, 2025 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today reported financial results for the three and nine months ended March 31, 2025.","length":277,"tagName":"p"},{"type":"text","content":"Financial Highlights – Three Months Ended March 31, 2025","length":66,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues of $214.0 million for the third fiscal quarter ended March 31, 2025, up $29.4 million or 15.9%, compared to revenues of $184.6 million for the comparable prior year period.","length":181,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit of $54.5 million for the third fiscal quarter ended March 31, 2025, up $5.7 million or 11.7%, compared to gross profit of $48.8 million for the comparable prior year period.","length":186,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted gross profit, a non-GAAP financial measure, of $58.2 million for the third fiscal quarter ended March 31, 2025, up $5.1 million or 9.6%, compared to adjusted gross profit of $53.1 million for the comparable prior year period.","length":234,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income attributable to Radiant Logistics, Inc. of $2.5 million, or $0.05 per basic and fully diluted share for the third fiscal quarter ended March 31, 2025, up $3.2 million or 457.1%, compared to net loss attributable to Radiant Logistics, Inc. of $0.7 million, or $0.02 loss per basic and fully diluted share for the comparable prior year period.","length":352,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net income, a non-GAAP financial measure, of $6.9 million, or $0.15 per basic and $0.14 per fully diluted share for the third fiscal quarter ended March 31, 2025, up $3.3 million or 91.7%, compared to adjusted net income of $3.6 million, or $0.08 per basic and fully diluted share for the comparable prior year per...