Radiant Logistics ( (RLGT) ) has released its Q3 earnings. Here is a breakdown of the information Radiant Logistics presented to its investors.
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Radiant Logistics, Inc. is a technology-enabled global transportation and logistics services company, providing freight forwarding and brokerage services primarily in the United States and Canada.
In its latest earnings report, Radiant Logistics announced strong financial results for the third fiscal quarter ended March 31, 2025, despite facing market headwinds and tariff impacts. The company highlighted its progress in acquisitions and its strategic positioning to handle ongoing trade negotiations.
Key financial highlights include a 15.9% increase in revenues to $214 million, an 11.7% rise in gross profit to $54.5 million, and a significant improvement in net income to $2.5 million from a loss in the previous year. Adjusted EBITDA saw an impressive 80.8% increase to $9.4 million, driven by both organic growth and recent acquisitions. The company also completed several strategic acquisitions, including Transcon Shipping, USA Logistics, and Universal Logistics, which are expected to contribute positively to future performance.
Looking ahead, Radiant Logistics remains cautiously optimistic, acknowledging potential short-term volatility due to trade negotiations but expecting a rebound in global trade. The company is committed to its strategy of profitable growth through organic and acquisition initiatives, supported by a strong balance sheet and diverse service offerings.