Business
RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE THIRD FISCAL QUARTER ENDED MARCH 31, 2026
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, 2026.
About this update from Radiant Logistics, Inc.
[{"type":"text","content":"Resilient performance amid a sharply divergent freight environment; Advancing Navegate platform and progressing 'Ray,' our first AI agent, to drive operational excellence and long-term growth","length":204,"tagName":"p","attribs":{}},{"type":"text","content":"RENTON, Wash., May 11, 2026 /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, 2026.","length":272,"tagName":"p"},{"type":"text","content":"Financial Highlights – Three Months Ended March 31, 2026","length":56,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues of $214.1 million for the third fiscal quarter ended March 31, 2026, up $0.1 million or less than 0.1%, compared to revenues of $214.0 million for the comparable prior year period.","length":189,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit of $53.9 million for the third fiscal quarter ended March 31, 2026, down $0.6 million or 1.1%, compared to gross profit of $54.5 million for the comparable prior year period.","length":187,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted gross profit, a non-GAAP financial measure, of $56.3 million for the third fiscal quarter ended March 31, 2026, down $1.9 million or 3.3%, compared to adjusted gross profit of $58.2 million for the comparable prior year period.","length":236,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income attributable to Radiant Logistics, Inc. of $4.7 million, or $0.10 per basic and fully diluted share for the third fiscal quarter ended March 31, 2026, compared to $2.5 million, or $0.05 per basic and fully diluted share for the comparable prior year period.","length":268,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net income, a non-GAAP financial measure, of $5.3 million, or $0.11 per basic and fully diluted share for the third fiscal quarter ended March 31, 2026, down $1.6 million or 23.2%, compared to adjusted net income of $6.9 million, or $0.15 per basic and $0.14 per fully diluted share for the comparable prior year period. Adjusted net income is calculated by applying a normalized tax rate of 24.5% and excludes costs unrelated to our core operations.","length":459,"tagName...