Radiant Logistics (RLGT) Tops Q3 EPS by 2c, Updates FY16 Guidance

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Radiant Logistics Announces Results for the Third Fiscal Quarter Ended March 31, 2016

May 16, 2016 4:01 PM EDT

BELLEVUE, Wash., May 16, 2016 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE MKT: RLGT), a third party logistics and multi-modal transportation services company, today reported financial results for the three and nine months ended March 31, 2016.

Third quarter Financial Highlights (Quarter Ended March 31, 2016)

Revenues increased to $173.3 million, up $71.0 million or 69.4% compared to revenues of $102.3 million for the comparable prior year period. Net revenues increased 54.2% to $41.8 million, compared to net revenues of $27.1 million for the comparable prior year period. Net loss attributable to common stockholders was $2.2... More