Radiant Logistics, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2013. For the quarter, the company reported revenue of $72,790,313 compared to $70,748,655 a year ago. Net revenues were $21,607,068 compared to $20,316,836 a year ago. Income from operations was $2,540,530 compared to $299,114 a year ago. Income before income tax benefit was $2,077,955 compared to loss before income tax expense of $72,379 a year ago. Net income was $911,028 compared to net loss of $26,647 a year ago. Net income attributable to the company was $881,810 or $0.02 per diluted share compared to net loss attributable to the company of $74,617 or $0.00 per diluted share a year ago. Adjusted net income before taxes was $2,469,448 compared to $1,596,463 a year ago. EBITDA was $3,469,578 compared to $1,378,505 a year ago. Adjusted EBITDA was $2,909,198 compared to $1,607,736 a year ago. Adjusted net income was $1,531,058 or $0.04 per diluted share compared to $989,807 or $0.03 per diluted share a year ago. For the nine months, the company reported revenue of $230,116,528 compared to $215,195,428 a year ago. Net revenues were $65,370,758 compared to $61,804,337 a year ago. Income from operations was $3,390,832 compared to $2,523,914 a year ago. Income before income tax expense was $2,509,268 compared to $1,979,022 a year ago. Net income was $1,399,993 compared to $1,135,319 a year ago. Net income attributable to the company was $1,305,743 compared to $997,907 a year ago. Basic and diluted net income per common share was $0.04 compared to $0.03 a year ago. Adjusted net income before taxes was $6,169,677 compared to $5,618,384 a year ago. EBITDA was $6,969,919 compared to $4,624,129 a year ago. Adjusted EBITDA was $7,449,476 compared to $5,187,528 a year ago. Adjusted net income was $3,825,200 or $0.11 per diluted share compared to $3,483,398 or $0.10 per diluted share a year ago. For the fiscal quarter ending June 30, 2013, the company expected revenue to be in the range of $625,000 to $932,000 or $0.02 to $0.03 per basic and diluted share, depreciation and amortization of $925,000, adjusted net income to be in the range of $1,286,000 to $1,597,000 or $0.03 to $0.04 per diluted share, EBITDA to be in the range of $2,425,000 to $2,925,000 and adjusted EBITDA to be in the range of $2,600,000 to $3,100,000.

Radiant Logistics, Inc., Q3 2013 Earnings Call, May 15, 2013

On April 26, 2013, Radiant Logistics, Inc. hired Robert L. Hines, Jr., to serve as its Senior Vice-President, General Counsel and Secretary. Mr. Hines will start with on May 6, 2013. Prior to joining the company, Mr. Hines (age 53), from 2007 to 2013, served as Managing/Principal Attorney for T-Mobile USA, Inc.