Welcome to our dedicated page for Radiant Logistic news (Ticker: RLGT), a resource for investors and traders seeking the latest updates and insights on Radiant Logistic stock.
Radiant Logistics, Inc. (RLGT) provides investors and industry professionals with timely updates through this centralized news hub. As a leading non-asset based logistics provider, the company leverages its technology platform to deliver global freight forwarding, truck brokerage, and value-added supply chain solutions across North America.
This resource aggregates official press releases and verified news coverage related to RLGT's operational milestones, including quarterly earnings, strategic acquisitions, network expansions, and technology initiatives. Users gain access to primary source materials covering:
• Financial performance updates
• Partnership announcements
• Service offering expansions
• Management team developments
Bookmark this page for direct access to Radiant Logistics' corporate communications, maintained as an evergreen reference for tracking the company's progress in the competitive third-party logistics sector. Check back regularly for the latest updates directly from RLGT and authorized news sources.
Radiant Logistics (RLGT) has filed its quarterly reports with the SEC, bringing its filings current. For the six months ending December 31, 2022, revenues totaled $609.1 million, down 4.1%, while gross profit rose 12.1% to $145.2 million. Despite a decline in Q2 revenues to $278.1 million, gross profits increased 3.8% to $70.4 million. Net income decreased to $4.8 million in Q2, reflecting challenges in the market. The company continued capital allocation initiatives, including a $5 million stock buy-back program and the acquisition of Cascade Enterprises. As of March 20, 2023, RLGT had no net debt and $62 million in cash.
Radiant Logistics (NYSE American: RLGT) will host a conference call on March 27, 2023 at 4:30 PM Eastern to discuss its financial results for the year ending June 30, 2022, and the quarters ending September 30 and December 31, 2022. The call will be led by Bohn Crain, CEO, and is open to all interested parties, including individual investors and press. Dial-in details include US (888) 506-0062 and Intl. (973) 528-0011, with access code 913812. A replay will be available starting March 28 until April 10 for those who can't attend.
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