Last $3.11 USD
Change Today 0.0001 / 0.00%
Volume 47.7K
RLGT On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 4:15 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

radiant logistics inc (RLGT) Key Developments

Radiant Logistics Declares Dividend on Series A Cumulative Redeemable Perpetual Preferred Stock Payable on July 31, 2014

Radiant Logistics, Inc. announced that in accordance with the terms of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock"), the Board of Directors has declared a cash dividend of $0.609375 per share. The dividend is payable with respect to the period commencing on April 30, 2014 and ending on July 30, 2014. The dividend is payable on July 31, 2014 to preferred stockholders of record as of July 30, 2014.

Radiant Logistics, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014; Provides Earnings Guidance for the Fourth Quarter Ending June 30, 2014

Radiant Logistics, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, Radiant reported net income attributable to common shareholders of $1.1 million on $86.0 million of revenues, or $0.03 per basic and fully diluted share. For the three months ended March 31, 2013, Radiant reported net income attributable to common shareholders of $0.9 million on $72.8 million of revenues, or $0.03 per basic and fully diluted share. Income from operations was $2.8 million against $2.5 million last year. Income before income tax expense was $2.8 million against $2.1 million last year. Net income attributable to Radiant Logistics, Inc. was $1.6 million against $0.9 million last year. For the three months ended March 31, 2014, Radiant reported adjusted net income attributable to common shareholders of $1.4 million, or $0.04 per basic and fully diluted share. For the three months ended March 31, 2013, Radiant reported adjusted net income attributable to common shareholders of $1.5 million, or $0.04 per basic and fully diluted share. Adjusted net income before income taxes was $2.7 million against $2.5 million last year. The company also reported adjusted EBITDA of $3.5 million compared to adjusted EBITDA of $3 million last year. For the nine months ended March 31, 2014, Radiant reported net income attributable to common shareholders of $2.4 million on $246.9 million of revenues, or $0.07 per basic and fully diluted share, including a loss on write-off of debt discount of $1,238,000. For the nine months ended March 31, 2013, Radiant reported net income attributable to common shareholders of $1.3 million on $230.1 million of revenues, or $0.04 per basic and fully diluted share, including transition and lease termination costs of $1.5 million. Income from operations was $7.2 million against $3.4 million last year. Income before income tax expense was $4.9 million against $2.5 million last year. Net income attributable to Radiant Logistics, Inc. was $3.0 million against $1.3 million last year. For the nine months ended March 31, 2014, Radiant reported adjusted net income attributable to common shareholders of $4.7 million, or $0.13 per fully diluted share. For the nine months ended March 31, 2013, Radiant reported adjusted net income attributable to common shareholders of $3.7 million, or $0.11 per basic and fully diluted share. Adjusted net income before income taxes was $8.3 million against $6.2 million last year. The company also reported adjusted EBITDA of $10.3 million for the nine months ended March 31, 2014, compared to adjusted EBITDA of $7.7 million for the nine months ended March 31, 2013. As with previous communications, the company reminded that free cash flow is generally higher than net income because the company has significant non-cash depreciation and amortization expenses flowing through financial statements as a result of the mechanics of accounting for acquisitions and the fact that it has minimal maintenance capital expenditure requirements. For the fourth quarter ending June 30, 2014, the company projects adjusted EBITDA in the range of $3.4 million - $3.9 million on approximately $88.1 million - $92.8 million in revenues which equates to adjusted net income available to common shareholders in the range of $1.4 million - $1.7 million, or $0.04 per basic share - $0.05 per basic share and $0.04 per fully diluted share. The company expects net income attributable to Radiant Logistics, Inc. in the range of $1.0 million - $1.3 million, net income attributable to common shareholders in the range of $0.5 million - $0.8 million, earnings per basic and diluted share in the range of $0.01 - $0.02, depreciation and amortization of $1.3 million, adjusted net income before taxes in the range of $2.6 million - $3.1 million.

Radiant Logistics, Inc., Q3 2014 Earnings Call, May 15, 2014

Radiant Logistics, Inc., Q3 2014 Earnings Call, May 15, 2014

Radiant Logistics Appoints Anna Brewer as the New VP of Government Services

Radiant Logistics announced it has appointed Anna Brewer as the new VP of Government Services, a division of Radiant. Brewer brings over twenty years of global transportation experience to the Radiant family, where she will continue her focus on logistics projects for the U.S. Department of Defense (DOD), Department of State (DOS) and foreign governments.

Radiant Logistics, Inc. Appoints Anna Brewer as Vice President of Government Services

Radiant Logistics, Inc. announced it has appointed Anna Brewer as the new VP of Government Services, a division of Radiant that provides defense related shipping services to governments, contractors and agencies around the world. Ms. Brewer brings over twenty years of global transportation experience to the Radiant family, where she will continue her focus on logistics projects for the U.S. Department of Defense (DOD), Department of State (DOS) and foreign governments.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RLGT:US $3.11 USD 0.0001

RLGT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for RLGT.
View Industry Companies
 

Industry Analysis

RLGT

Industry Average

Valuation RLGT Industry Range
Price/Earnings 23.4x
Price/Sales 0.3x
Price/Book 2.7x
Price/Cash Flow 11.1x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RADIANT LOGISTICS INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.