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Stock impact report

Radiant Logistics Inc (RLGT) Q1 2025 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]

Radiant Logistics, Inc. (RLGT) 
NASDAQ:AMEX Investor Relations: radiantdelivers.com
Company Research Source: Yahoo! Finance
Radiant Logistics Inc ( RLGT ) reported a solid financial performance with $9.5 million in adjusted EBITDA for the fiscal quarter ending September 30, 2024. The company maintains a strong balance sheet with approximately $10 million in cash and a $200 million untapped credit facility. Radiant Logistics Inc ( RLGT ) is actively pursuing growth through strategic acquisitions, including the recent acquisition of Foundation Logistics and the conversion of Focused Logistics. The company has seen a 28.8% increase in net income compared to the prior year, indicating improved profitability. Radiant Logistics Inc ( RLGT ) is well-positioned to benefit from project-type opportunities, particularly in response to storm-related logistics needs, which could bolster future results. The logistics industry continues to face market headwinds, and Radiant Logistics Inc ( RLGT ) anticipates these challenges to persist into 2025. There is uncertainty regarding the durability of current marke Show less Read more
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