Radiant Logistics Announces Results For The Third Fiscal Quarter Ended March 31, 2019

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Radiant Logistics (RLGT) Tops Q3 EPS by 2c, Revenues Miss

May 9, 2019 4:03 PM EDT

Radiant Logistics (NYSE: RLGT) reported Q3 EPS of $0.11, $0.02 better than the analyst estimate of $0.09. Revenue for the quarter came in at $206 million versus the consensus estimate of $230.71 million.

Revenues increased to a record $206.0 million for the third fiscal quarter ended March 31, 2019, up $2.1 million or 1.0%, compared to revenues of $203.9 million for the comparable prior year period.Net revenues increased to a record $52.7 million for the third fiscal quarter ended March 31, 2019, up $4.1 million or 8.4%, compared to net revenues of $48.6 million for the comparable prior year period.Net income attributable to common... More