Profile
Sector:
IndustrialsIndustry:
Integrated Freight & LogisticsCountry:
United StatesIPO:
01 November 2006Website:
http://radiantdelivers.comNext earnings report:
13 September 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 02 Jul 2024 20:08:20 GMTDividend
Analysts recommendations
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Included in screeners
RLGT Latest News
In my view, the company booked a decent EBITDA of $5.5 million in Q2 FY24 amid a weak US freight market. It has often traded at 7-10x EV/EBITDA in the past decade and is starting to look cheap compared to FY18 when it had a similar EBITDA margin. In addition, the company is trading at a historically low price to tangible book value multiple of 2.8x.
Radiant Logistics, Inc. (RLGT) Q2 2024 Earnings Call Transcript
The freight market in the USA remains challenging, but Radiant Logistics' adjusted EBITDA for Q1 FY24 was unchanged thanks to an improvement in margins. RLGT's net cash position grew by $4.8 million, and this means it can continue growing through M&A even in a tough macroeconomic environment. I'm optimistic that adjusted EBITDA could be back to around $15 million by the end of FY24.
Radiant Logistics, Inc. (NYSE:RLGT ) Q1 2024 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Bohn Crain - Founder, Chairman and CEO Todd Macomber - Senior Vice President and CFO Conference Call Participants Elliot Alper - TD Cowen Mark Argento - Lake Street Capital Markets Jeffrey Kauffman - Vertical Research Partners Kevin Gainey - Thompson Davis Operator This afternoon, Bohn Crain, Radiant Logistics' Founder and CEO; and Radiant's Chief Financial Officer, Todd Macomber, will provide a general business update and discuss financial results for the company's first fiscal quarter ended September 30, 2023. Following their comments, we will open the call to questions.
The company's Q4 FY23 revenues slumped by almost 40%, while adjusted EBITDA dipped below $10 million due to a slowdown in the freight markets. Yet, Radiant Logistics had a net cash position of $26.6 million as of June, and it believes we are at or near the bottom of the cycle. Even if quarterly EBITDA stays at around $10 million over the next several quarters, the EV/adjusted EBITDA ratio would be just 6.1x.
Radiant Logistics, Inc. (NYSE:RLGT ) Q4 2023 Earnings Conference Call September 13, 2023 4:30 PM ET Company Participants Bohn Crain - Founder & CEO Todd Macomber - CFO Conference Call Participants Jason Seidl - TD Cowen Operator Greetings. Welcome to the financial discussion for Fourth Fiscal Quarter and Year-Ended June 30, 2023 Conference Call.
Start Time: 16:30 January 1, 0000 5:11 PM ET Radiant Logistics, Inc. (NYSE:RLGT ) Q4 2022 Earnings Conference Call March 27, 2023, 16:30 PM ET Company Participants Bohn Crain - Founder and Chief Executive Officer Todd Macomber - Chief Financial Officer Conference Call Participants Mark Argento - Lake Street Jeff Kauffman - Vertical Research Jason Seidl - TD Cowen Mike Vermut - Newland Capital Operator This afternoon, Bohn Crain, Radiant Logistics' Founder and CEO; and Radiant's Chief Financial Officer, Todd Macomber, will provide a general Business Update and discuss financial results for the company's First Fiscal Quarter ended September 30, 2022 and Second Fiscal Quarter ended December 31, 2022. Following their comments, we will open the call to questions.
Radiant Logistics announced on Monday full quarterly results for the first time since May 2022. The Renton, Washington-based 3PL has been mired in a financial restatement process tied to revenue and expense recognition for in-transit shipments.
What type of business is Radiant Logistics?
Radiant Logistics, Inc., a third-party logistics company, provides multi-modal transportation and logistics services primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services. It also provides other value-added supply chain services, including materials management and distribution services, as well as customs house brokerage services. The company serves consumer goods, food and beverage, manufacturing, and retail customers through a network of company-owned and strategic operating partner locations under the Radiant, Radiant Canada, Clipper, Airgroup, Adcom, DBA, and Service By Air brands. Radiant Logistics, Inc. was incorporated in 2001 and is headquartered in Renton, Washington.
What sector is Radiant Logistics in?
Radiant Logistics is in the Industrials sector
What industry is Radiant Logistics in?
Radiant Logistics is in the Integrated Freight & Logistics industry
What country is Radiant Logistics from?
Radiant Logistics is headquartered in United States
When did Radiant Logistics go public?
Radiant Logistics initial public offering (IPO) was on 01 November 2006
What is Radiant Logistics website?
https://radiantdelivers.com
Is Radiant Logistics in the S&P 500?
No, Radiant Logistics is not included in the S&P 500 index
Is Radiant Logistics in the NASDAQ 100?
No, Radiant Logistics is not included in the NASDAQ 100 index
Is Radiant Logistics in the Dow Jones?
No, Radiant Logistics is not included in the Dow Jones index
When does Radiant Logistics report earnings?
The next expected earnings date for Radiant Logistics is 13 September 2024