Radiant Logistics (RLGT) Tops Q4 EPS by 5c, Revenues Beat

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Radiant Logistics Announces Results For The Fourth Fiscal Quarter And Year Ended June 30, 2018

September 13, 2018 4:01 PM EDT

BELLEVUE, Wash., Sept. 13, 2018 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today reported financial results for the three and twelve months ended June 30, 2018.

Fourth Fiscal Quarter Financial Highlights (Quarter Ended June 30, 2018)

Revenues increased to a record $233.8 million for the fourth fiscal quarter ended June 30, 2018, up $32.0 million or 15.9% compared to revenues of $201.8 million for the comparable prior year period.                                                       Net revenues increased to a record $59.3 million for the fourth fiscal quarter ended June 30, 2018, up $9.5 million or 19.0% compared to net revenues of $49.8 million for the comparable prior year period.                                                      Net income... More