Radiant Logistics Reports Higher Q3 Net Income Amid Declining Adjusted Profitability
Radiant Logistics reported higher fiscal third-quarter net income of $4.7 million, or $0.10 per share, despite flat revenue at $214.1 million and a decline in adjusted profitability metrics such as EBITDA and net income year-over-year. Management noted improving domestic freight conditions but ongoing challenges in the international logistics segment due to trade disruptions.
Topics: earnings report freight market logistics