Radiant Logistics, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 08, 2024 at 09:56 pm
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Radiant Logistics, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 201.08 million compared to USD 278.12 million a year ago. Net income was USD 0.985 million compared to USD 4.84 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.1 a year ago.
For the six months, sales was USD 411.88 million compared to USD 609.09 million a year ago. Net income was USD 3.61 million compared to USD 13.27 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to USD 0.27 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.27 a year ago.
Radiant Logistics, Inc. is a third-party logistics company providing technology-enabled global transportation and value-added logistics services in the United States and Canada. The Company provides domestic and international freight forwarding along with truck and rail brokerage services to a diversified account base, including manufacturers, distributors and retailers that have agent-owned offices throughout North America and other markets. Its value-added logistics services include warehouse and distribution, customs brokerage, order fulfillment, inventory management, and technology services. Its primary business operations involve arranging the shipment of materials, products, equipment and other goods. It serves various industries, such as consumer goods, food and beverage, electronics and high-tech, aviation and automotive, military and government, and manufacturing and retail customers. It also serves companies in the exploration, drilling, and production of oil and gas.
RADIANT LOGISTICS, INC. 
