Radiant Logistics reports Q1 EPS 9c vs. 16c last year

Reports Q1 revenue $226.7M vs. $203.6M last year. “Notwithstanding the difficult freight environment, we delivered another quarter of solid financial results generating $6.8M in adjusted EBITDA for our fiscal quarter year ended September 30, 2025,” said CEO Bohn Crain. “Excluding the impact of an unusual and one-time $1.3M bad debt expense related to First Brands bankruptcy, adjusted EBITDA would have been $8.1M. And while much of the growth in our transportation revenues from the quarter came through our acquisition efforts, we are seeing interesting organic growth opportunities in connection with our contract logistics, customs services and emerging technology services offerings. We are early in our journey, but we are particularly excited about the prospects of Navegate, our proprietary global trade management and collaboration platform…We remain virtually debt free (net debt of approximately $2.0M as of September 30, 2025) relative to our $200.0M credit facility and on track with our continued efforts to deliver profitable growth through a combination of organic and acquisition initiatives, while thoughtfully re-levering our balance sheet through a combination of strategic operating partner conversions, synergistic tuck-in acquisitions, and stock buy-backs…Looking ahead, we expect to continue to our balanced approach to capital allocation through a combination of agent station conversions, synergistic tuck-in acquisitions, and stock buy-backs while at the same time looking to invest in incremental sales resources with attention given to our deployment of the Navegate technology.”