UPDATE: Radiant Logistics (RLGT) Tops Q1 EPS Expectations by 5c

Go back to UPDATE: Radiant Logistics (RLGT) Tops Q1 EPS Expectations by 5c

/C O R R E C T I O N -- Radiant Logistics, Inc./

November 16, 2015 9:14 PM EST

In the news release, Radiant Logistics Announces Results For The First Fiscal Quarter Ended September 30, 2015, issued 16-Nov-2015 by Radiant Logistics, Inc. over PR Newswire, we are advised by the company that the earlier press release in certain instances erroneously included typographical errors that reported adjusted net income as $4.2 million, or $0.09 per basic and fully diluted share, rather than $3.8 million, or $0.08 per basic and fully diluted share. The complete, corrected release follows:

Radiant Logistics Announces Results For The First Fiscal Quarter Ended September 30, 2015 Posts record quarterly results with revenues of $218.7 Million - Up $120.5 million or 122.7% Net revenues increased... More

Radiant Logistics Announces Results For The First Fiscal Quarter Ended September 30, 2015

November 16, 2015 4:01 PM EST

BELLEVUE, Wash., Nov. 16, 2015 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE MKT: RLGT), a third party logistics and multi-modal transportation services company, today reported financial results for the three months ended September 30, 2015.

First Fiscal Quarter Financial Highlights (Quarter Ended September 30, 2015)

Revenues increased to $218.7 million, up $120.5 million, or 122.7% compared to revenues of $98.2 million for the comparable prior year period. Net revenues increased to $50.7 million, up $24.4 million, or 92.6% compared to net revenues of $26.3 million for the comparable prior year period. Net loss attributable to common stockholders was $0.2... More