Radiant Logistic Stock Price, News & Analysis

Radiant Logistics (NYSE American: RLGT) will host a conference call on February 14, 2022 at 4:30 PM Eastern to discuss its financial results for the second fiscal quarter ended December 31, 2021. The call is open to all interested parties and will be hosted by Bohn Crain, Founder and CEO. Participants can dial in using the US number (888) 506-0062 or the international number (973) 528-0011, with the access code 124371. A replay will be available from February 15 to February 28, 2022.

Aethlon Capital has successfully advised Navegate, a logistics and supply chain management company, on its sale to Radiant Logistics (NYSE American: RLGT). The transaction, completed on December 3rd, allows Radiant to acquire all of Navegate's stock, enhancing its international services, particularly in customs brokerage and ocean forwarding. Bohn Crain, CEO of Radiant, expressed enthusiasm about this strategic acquisition, which also strengthens their presence in Shanghai. Navegate's expertise and technology will benefit Radiant's extensive network of over 100 locations across North America.

Radiant Logistics (NYSE: RLGT) has announced the acquisition of Navegate, a Minnesota-based logistics firm, for $35 million. Navegate, known for its advanced digital platform, generated about $5.9 million in normalized EBITDA on $88 million in revenue for the year ending September 30, 2021. This acquisition aims to enhance Radiant's international logistics capabilities, including customs brokerage and freight forwarding, and is expected to create cross-selling opportunities by integrating Navegate's services across Radiant's over 100 operational locations.

Radiant Logistics (RLGT) reported record financial results for Q1 FY2022 ending September 30, 2021. Revenues surged to $286.1 million, a 62.6% increase from $175.9 million Y/Y. Net income rose 129% to $7.1 million, translating to $0.14 per share. Adjusted net income hit $10.6 million ($0.21/share), showing a 63.1% growth. Adjusted EBITDA reached $14.5 million, up 57.6%, with a margin improvement of 230 basis points to 22.4%. The CEO highlighted the strong performance amid market dynamics and mentioned ongoing stock buybacks.

Radiant Logistics (NYSE American: RLGT) will host a conference call on November 9, 2021, at 4:30 PM Eastern to discuss its financial results for the quarter ending September 30, 2021. The call is open to all interested parties and will be hosted by Bohn Crain, Founder and CEO. Investors can participate via dial-in or webcast, with replay options available until November 23, 2021.

Radiant Logistics, Inc. (NYSE American: RLGT) will attend Lake Street's 5th Annual Best Ideas Growth (BIG5) Conference on September 14, 2021. Todd Macomber, SVP and CFO, will engage in one-on-one meetings with institutional investors throughout the event. The BIG5 Conference highlights over 100 dynamic growth companies and offers a platform for direct interaction between executives and top investors. Interested parties can schedule meetings through Lake Street Capital Markets or contact Radiant Logistics directly for more information.

Radiant Logistics reported its financial results for the fiscal year ending June 30, 2021, showcasing a decrease in revenues to $257.9 million, down 6.4% year-over-year. However, excluding COVID-19 project revenues, revenues increased by 71.9%. Net income surged to a record $11.1 million, reflecting a 136.2% growth from the previous year. Adjusted net income also reached a record $10.1 million, up 13.5%. The company achieved a record adjusted EBITDA of $48.8 million for the fiscal year. CEO Bohn Crain indicated optimism about the company's growth prospects and ongoing stock buy-back initiatives.

Radiant Logistics (NYSE American: RLGT) announced participation in the Cowen 14th Annual Global Transportation & Sustainable Mobility Conference from September 8-10, 2021. The event includes presentations and discussions on topics like Airlines, EV Charging, and Logistics. On September 10, CEO Bohn Crain will present at 3:05 p.m. Eastern Time and hold one-on-one meetings. For inquiries, contact IR@radiantdelivers.com.

Radiant Logistics (NYSE American: RLGT) will host a conference call on September 9, 2021, at 4:30 PM Eastern to discuss its financial results for the fiscal year ending June 30, 2021. This call is open to the public and will be led by Founder and CEO Bohn Crain. Interested parties can join via a dial-in or access the webcast on Radiant's website. A replay will be available from September 10 to September 23, 2021. Radiant Logistics provides comprehensive logistics services across North America, supporting various industries with supply chain solutions.