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RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE SECOND FISCAL QUARTER ENDED DECEMBER 31, 2023 [Yahoo! Finance]

Radiant Logistics, Inc. (RLGT) 
NASDAQ:AMEX Investor Relations: radiantdelivers.com
Company Research Source: Yahoo! Finance
Debt free and well positioned for further growth RENTON, Wash. Feb. 8, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today reported financial results for the three and six months ended December 31, 2023. Financial Highlights – Three Months Ended December 31, 2023 Revenues decreased to $201.1 million for the second fiscal quarter ended December 31, 2023 , down $77.0 million or 27.7%, compared to revenues of $278.1 million for the comparable prior year period. Gross profit decreased to $58.8 million for the second fiscal quarter ended December 31, 2023 , down $11.8 million or 16.7%, compared to gross profit of $70.6 million for the comparable prior year period. Adjusted gross profit, a non-GAAP financial measure, decreased to $62.0 million for the second fiscal quarter ended December 31, 2023 , down $12.0 million or 16.2%, compared to adjusted gross profit of $74.0 mil Show less Read more
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