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RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR SECOND FISCAL QUARTER ENDED DECEMBER 31, 2025
Prnewswire· 2026-02-04 21:05
Call Scheduled for Monday, February 9, at 4:30 PM Eastern RENTON, Wash., Feb. 4, 2026 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, will host a conference call on Monday, February 9, 2026 at 4:30 PM Eastern to discuss the Company's financial results for the three and six months ended December 31, 2025. The conference call is open to all interested parties, including individual investors and press. Bohn C ...
Pinnacle Samples up to 17.7 g/t Gold on La Estrella Vein and Extends Strike Length of La Dura Vein, Enlarging the Footprint of the Gold-Silver System at El Potrero
Thenewswire· 2026-01-20 13:30
VANCOUVER, BRITISH COLUMBIA, January 20, 2026 – TheNewswire - (TSXV: PINN, OTC: PSGCF, Frankfurt: P9J) – Pinnacle Silver and Gold Corp. ("Pinnacle" or the “Company") is pleased to announce that surface and underground sampling of the Estrella Vein at the high-grade El Potrero gold-silver project in Durango, Mexico has confirmed the presence of strong gold-silver mineralization in that vein.  The limited mine workings are 42.5 metres long and channel sampling identified two mineralized zones yielding 5.49 g ...
Radiant Logistics: The Freight Recession Is A Feature, Not A Bug
Seeking Alpha· 2026-01-20 13:30
Core Viewpoint - Radiant Logistics (RLGT) has seen its stock price increase from the high $5s in November 2025 to around $6.60, indicating a potential investment opportunity despite the perception of having missed the boat [1]. Company Analysis - The investment perspective is shaped by a focus on cash flow durability, balance sheet strength, and practical risks associated with capital structures [1]. - The company targets mispriced opportunities created by market fear, prevailing narratives, or misunderstandings, particularly in cyclical industries, energy, industrials, and under-followed mid-caps [1]. - There is an emphasis on identifying asymmetric setups where companies have already faced market punishment while their fundamentals are stabilizing or improving [1]. Investment Strategy - The approach involves looking for situations where sentiment lags behind reality, allowing modest changes in expectations to drive significant stock price changes [1]. - The analysis is shared through Seeking Alpha to facilitate idea generation and company analysis for the investment portfolio [1].
Jim Cramer on Radiant Logistics: “If You’re Going to Be in That Business, You Want to Be in FedEx”
Yahoo Finance· 2026-01-14 15:57
Radiant Logistics, Inc. (NYSE:RLGT) is one of the stocks Jim Cramer recently looked at. A caller sought Cramer’s opinion on the stock, and here’s what he had to say in response: “Hey, interesting company. Look, I like logistics company, I like the truck load company, but I have to tell you, come back. If you’re going to be in that business, you want to be in FedEx. They got the logistics that you need. I’m not kidding, FDX.” Fedex-Ground-FDX-obi-onyeador-8LCZb66I4wg-unsplash.jpg Radiant Logistics, Inc. ...
RADIANT LOGISTICS ANNOUNCES RENEWAL OF ITS STOCK REPURCHASE PROGRAM
Prnewswire· 2025-11-17 21:05
Core Viewpoint - Radiant Logistics, Inc. has authorized a share repurchase program for up to five million shares, reflecting the company's belief that its current share price does not adequately represent its long-term growth prospects [1][3]. Summary by Sections Share Repurchase Program - The board of directors has approved the repurchase of up to five million shares of common stock through December 31, 2027, with 46,873,197 shares outstanding as of November 14, 2025 [1]. - Repurchases may occur through open market purchases or privately negotiated transactions, funded by existing cash balances, cash from the revolving credit facility, and future cash flows [2]. - The program allows for discretion in timing and number of shares repurchased, influenced by market conditions and other economic factors [2]. Management's Perspective - The CEO, Bohn Crain, stated that the share repurchase could represent an excellent investment opportunity for both the company and its shareholders, given the perceived undervaluation of the stock [3].
Radiant(RLGT) - 2026 Q1 - Earnings Call Transcript
2025-11-10 22:30
Financial Data and Key Metrics Changes - For Q1 2026, the company reported net income of $1.293 million on revenues of $226.7 million, translating to $0.03 per share, a decrease of approximately 61.7% from $3.376 million on $203.6 million of revenues in Q1 2025 [8][9] - Adjusted EBITDA for Q1 2026 was $6.8 million, down 28.1% from $9.452 million in Q1 2025. Excluding a one-time bad debt expense of $1.3 million, adjusted EBITDA would have been $8.1 million, slightly above the previous quarter [3][9] Business Line Data and Key Metrics Changes - The growth in transportation revenues was primarily driven by acquisition efforts, with organic growth opportunities emerging in contract logistics, customs services, and technology services [3][4] - The Navigate platform is expected to be a significant driver of organic growth, enhancing visibility and decision-making for customers [4][6] Market Data and Key Metrics Changes - The company remains virtually debt-free, with net debt of approximately $2 million against a $200 million credit facility, indicating a strong financial position [5] - The acquisition of WePort in Mexico is seen as a strategic move to enhance capabilities in a key market, supporting existing and new customers [5][33] Company Strategy and Development Direction - The company aims to balance capital allocation through strategic acquisitions, stock buybacks, and investments in sales resources, particularly focusing on the deployment of Navigate technology [6][47] - The management emphasizes a disciplined approach to capital allocation and a durable business model to navigate the challenging freight environment [4][5] Management's Comments on Operating Environment and Future Outlook - The management acknowledges a difficult freight market, particularly for international business, but notes early signs of improvement in over-the-road brokerage pricing [20][21] - The company is optimistic about the potential of Navigate to drive organic growth and enhance customer engagement over the coming quarters [18][19] Other Important Information - The company executed a stock buyback program, acquiring $0.8 million of its stock in Q1 2026 and an additional $2.8 million post-quarter [5] - The management is exploring opportunities to recover some of the $1.3 million bad debt related to the First Brands bankruptcy, although clarity on this remains uncertain [33][35] Q&A Session Summary Question: How should we think about Navigate's deployment and customer adoption? - The management indicated that they are in the early stages of deploying Navigate, which has been integrated with their core technology stack, and they expect to see incremental organic growth from this offering in the coming quarters [12][14] Question: What are the expectations for the current quarter in the freight market? - The management noted that the freight market remains challenging, but they anticipate some improvements in brokerage operations and value-added services [20][21] Question: Can you provide updates on the WePort acquisition and the impact of First Brands bankruptcy? - The management expressed excitement about the WePort acquisition, highlighting its strategic importance in Mexico, and acknowledged the unexpected nature of the First Brands bankruptcy, while exploring potential recovery options [33][35]
Radiant(RLGT) - 2026 Q1 - Quarterly Report
2025-11-10 21:55
Revenue and Profitability - Transportation revenue increased to $213.0 million for the three months ended September 30, 2025, up from $191.8 million in 2024, representing an increase of $21.2 million or 11.1%[126] - Adjusted transportation gross profit remained stable at $50.9 million for the three months ended September 30, 2025, compared to $50.8 million in 2024[126] - Net transportation margins decreased from 26.5% in 2024 to 23.9% in 2025, primarily due to higher ocean revenues with lower gross profit margins[126] - Adjusted gross profit for the total operations was $59.5 million for the three months ended September 30, 2025, compared to $57.6 million in 2024[125] - The adjusted gross profit percentage for transportation services was 23.9% in 2025, down from 26.5% in 2024[125] - Total revenues for the three months ended September 30, 2025, were $226.7 million, up from $203.6 million in 2024, reflecting an increase of 11.3%[128] - GAAP gross profit for Q3 2025 was $57.1 million, with a GAAP gross profit percentage of 25.2%, down from 26.6% in the prior year[128] - Adjusted EBITDA for the three months ended September 30, 2025, was $6.8 million, compared to $9.5 million in 2024, with adjusted EBITDA as a percentage of adjusted gross profit at 11.4%[138] Operating Expenses - Operating partner commissions increased by $1.2 million, or 6.4%, to $20.0 million in Q3 2025, with the percentage of adjusted gross profit rising to 33.6% from 32.7%[132] - Personnel costs rose by $2.0 million, or 9.9%, to $21.6 million, with the percentage of adjusted gross profit increasing to 36.3% from 34.1%[133] - Selling, general and administrative expenses increased by $1.8 million, or 17.0%, to $12.1 million, with the percentage of adjusted gross profit rising to 20.3% from 17.9%[134] Cash Flow and Liquidity - As of September 30, 2025, the company had $28.1 million in unrestricted cash and cash equivalents, indicating strong liquidity[140] - Net cash provided by operating activities was $2.5 million for Q3 2025, significantly up from $0.2 million in the same period of 2024[141] - Net cash used for investing activities was $6.0 million for the three months ended September 30, 2025, compared to $13.5 million in 2024, indicating a 55.6% decrease[142] - Cash paid for acquisitions decreased to $5.0 million in 2025 from $11.4 million in 2024, a reduction of 56.1%[142] - Net cash provided by financing activities was $8.8 million for the three months ended September 30, 2025, compared to a net cash used of $1.2 million in 2024[143] Debt and Financial Covenants - The Company entered into a $200 million Revolving Credit Facility, with a $150 million tranche in U.S. Dollars and a $50 million tranche in either U.S. or Canadian Dollars[144] - As of September 30, 2025, outstanding borrowings on the Revolving Credit Facility were $30.0 million, with the Company in compliance with its covenants[147] - The Company is subject to a maximum consolidated net leverage ratio of 3.00 and a minimum consolidated interest coverage ratio of 3.00 under the Revolving Credit Facility[146] - A 1.0% increase in interest rates would increase interest expense by approximately $0.01 million for every $1.0 million borrowed[149] Economic Environment and Strategic Focus - The global economic environment remains uncertain, influenced by inflation, tariff uncertainties, and geopolitical tensions, which could impact financial results[116] - The company operates over 100 locations across North America and has a diverse customer base including consumer goods, food and beverage, and electronics[112] - The company plans to grow both organically and through acquisitions, focusing on complementary geographical and logistics service offerings[114] - The company emphasizes leveraging its technology platform to strengthen customer relationships and enhance operational efficiency[114] Value-Added Services - Value-added services revenue increased to $13.6 million for the three months ended September 30, 2025, up from $11.7 million in 2024, representing a growth of 16.2%[127] - Adjusted value-added services gross profit rose to $8.5 million in Q3 2025, compared to $6.8 million in Q3 2024, with the gross profit percentage increasing from 57.6% to 62.6%[127] Capital Expenditures - Cash paid for purchases of property, technology, and equipment was $1.5 million in 2025, down from $2.1 million in 2024, a decrease of 28.6%[142] - Proceeds from the sale of property, technology, and equipment were $0.4 million in 2025, compared to less than $0.1 million in 2024[142] Foreign Exchange Impact - Foreign exchange rate fluctuations could impact net income by approximately $0.1 million for every 1.0% change in exchange rates[148]
Radiant(RLGT) - 2026 Q1 - Quarterly Results
2025-11-10 21:55
Financial Performance - Revenues for the three months ended September 30, 2025, were $226.7 million, an increase of $23.1 million or 11.3% compared to $203.6 million for the same period last year[6] - Gross profit for the same period was $57.1 million, up $3.0 million or 5.5% from $54.1 million year-over-year[6] - Adjusted net income for the three months ended September 30, 2025, was $4.5 million, down $3.4 million or 43.0% compared to $7.9 million for the prior year[11] - Adjusted EBITDA for the three months ended September 30, 2025, was $6.8 million, a decrease of $2.7 million or 28.4% from $9.5 million in the same period last year[12] - Net income attributable to Radiant Logistics, Inc. for the three months ended September 30, 2025, was $1,293,000, compared to $3,376,000 in 2024, reflecting a decrease of 61.7%[22] - Adjusted net income for the three months ended September 30, 2025, was $4,467,000, down from $7,883,000 in 2024, a decline of 43.5%[31] - Basic income per share for the three months ended September 30, 2025, was $0.03, compared to $0.07 in 2024, a decline of 57.1%[22] Margins and Profitability - The adjusted EBITDA margin for the three months ended September 30, 2025, was 11.4%, down from 16.4% for the comparable prior year period[6] - GAAP gross profit margin for the three months ended September 30, 2025, was 25.2%, down from 26.6% in 2024[28] - Adjusted gross profit for the three months ended September 30, 2025, was $59,453,000, compared to $57,554,000 in 2024, an increase of 3.3%[28] Assets and Liabilities - Total current assets increased to $195,270,000 as of September 30, 2025, from $179,250,000 as of June 30, 2025, a rise of 8.9%[20] - Total liabilities increased to $218,169,000 as of September 30, 2025, compared to $200,689,000 as of June 30, 2025, an increase of 8.7%[20] - Cash and cash equivalents increased to $28,106,000 as of September 30, 2025, from $22,942,000 as of June 30, 2025, a growth of 22.5%[20] Strategic Initiatives - The company acquired an 80% ownership interest in Weport, S.A. de C.V., a Mexico-based logistics company, effective September 1, 2025[3] - The company expects to continue a balanced approach to capital allocation, focusing on acquisitions and stock buy-backs while investing in sales resources[9] - Navegate, the company's proprietary global trade management platform, is anticipated to drive organic growth by enhancing supply-chain visibility and decision-making[8] Shareholder Actions - The company repurchased 139,992 shares at an average cost of $5.96 per share, totaling $0.8 million during the quarter[5]
RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2025
Prnewswire· 2025-11-10 21:05
Core Insights - Radiant Logistics, Inc. reported financial results for the three months ended September 30, 2025, showing revenue growth and strategic acquisitions while facing challenges in the freight environment [1][6][8]. Financial Performance - Revenues reached $226.7 million, an increase of $23.1 million or 11.3% compared to $203.6 million in the same period last year [6][10]. - Gross profit was $57.1 million, up $3.0 million or 5.5% from $54.1 million year-over-year [6][10]. - Adjusted net income was $4.5 million, down $3.4 million or 43.0% from $7.9 million in the prior year [6][11]. - Adjusted EBITDA was $6.8 million, a decrease of $2.7 million or 28.4% compared to $9.5 million in the same period last year [6][12]. Acquisition Activity - The company acquired an 80% ownership interest in Weport, S.A. de C.V., a Mexico-based logistics company, effective September 1, 2025 [3][9]. - The acquisition is structured to include a portion of the purchase price contingent on future performance and integration milestones [4]. Stock Buy-Back Program - Radiant Logistics repurchased 139,992 shares at an average cost of $5.96 per share, totaling $0.8 million during the quarter [5][9]. - An additional 341,466 shares were purchased post-quarter for $2.0 million [7][9]. Management Commentary - CEO Bohn Crain highlighted the company's solid financial results despite a challenging freight environment, emphasizing growth from acquisitions and organic opportunities in contract logistics and technology services [8][9]. - The company remains virtually debt-free with a net debt of approximately $2.0 million as of September 30, 2025, relative to a $200.0 million credit facility [9]. Future Outlook - The company plans to continue a balanced approach to capital allocation, focusing on agent station conversions, synergistic acquisitions, and stock buybacks while investing in sales resources and technology deployment [9].
RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2025
Prnewswire· 2025-11-03 21:05
Core Viewpoint - Radiant Logistics, Inc. will host a conference call on November 10, 2025, to discuss its financial results for the three months ended September 30, 2025 [1][2]. Group 1: Conference Call Details - The conference call is scheduled for Monday, November 10, 2025, at 4:30 PM Eastern [1][3]. - Bohn Crain, the Founder and CEO, will lead the call [2]. - Participants can join the call via US dial-in number (888) 506-0062 or international number (973) 528-0011, with access code 682387 [3]. Group 2: Replay and Webcast Information - A replay of the call will be available from November 11, 2025, at 9:30 AM Eastern until November 24, 2025, at 4:30 PM Eastern [3]. - The replay can be accessed via US number (877) 481-4010 or international number (919) 882-2331, using Replay ID number 53201 [3]. - The call will also be webcast and can be accessed through Radiant's website [3]. Group 3: Company Overview - Radiant Logistics operates as a third-party logistics company, providing technology-enabled global transportation and value-added logistics services primarily in the United States and Canada [4]. - The company offers domestic and international freight forwarding, truck and rail brokerage services, and a range of value-added logistics services including warehouse and distribution, customs brokerage, order fulfillment, and inventory management [4].