Radiant Logistics Soars 11.31% on Strong Q3 Earnings
On May 13, 2025, Radiant Logistics surged 11.31% in pre-market trading, marking a significant rise in its stock price.
Radiant Logistics reported strong financial results for the third fiscal quarter ended March 31, 2025. The company's consolidated revenue increased by 16% year-over-year to $214 million, while revenue net of purchased transportation expenses rose by 10% to $58 million. This performance exceeded analyst expectations, with earnings per share (EPS) reaching $0.14, surpassing the forecast of $0.02.
The company's net income for the quarter was $2.5 million, or $0.05 per share, a notable improvement from a net loss of $0.7 million in the same period last year. This turnaround is particularly impressive given the market challenges and recent tariff announcements. Radiant Logistics' diverse service offerings and strategic acquisitions have been key factors in navigating these obstacles.
Radiant Logistics' adjusted EBITDA for the quarter was $9.4 million, an 80.8% increase from the prior year. The adjusted EBITDA margin also improved to 16.2%, up from 9.8% last year. These financial achievements demonstrate the company's ability to enhance operational efficiency and profitability, which is crucial for sustaining growth in the competitive transportation industry.
CEO Bohn Crain highlighted the company's strong performance, attributing it to their diverse service offerings and strategic acquisitions. The company's recent acquisitions, including Transcon Shipping Co., Inc., USA Logistics Services, Inc., and Universal Logistics, Inc., are expected to contribute positively to future growth. Despite potential market volatility, Radiant Logistics remains well-positioned with a strong balance sheet and a diversified service offering.
