Radiant(RLGT)
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Radiant Logistics: A High Risk, High Reward Growth Opportunity
Seeking Alpha· 2024-08-31 06:16
thitivong In 2023, I started covering companies in the freight and logistics industry, and I have continued expanding my coverage in that area. With this report, I will be adding another name to my coverage, namely Radiant Logistics (NYSE:RLGT). Since this is my first report on the company, I will be discussing the companies activities followed by a discussion of earnings, key risks and opportunities as well as a stock price target and rating. Radiant Logistics: A Non-Asset Based Multi-Modal Service Provide ...
RADIANT LOGISTICS ACQUIRES OPERATIONS OF DVA ASSOCIATES, INC.
Prnewswire· 2024-06-06 21:00
Strengthens Company's presence in Portland, Oregon RENTON, Wash., June 6, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired the operations of DVA Associates, Inc. ("DVA"), a Portland, Oregon based, privately held company that provides a full range of domestic and international transportation and logistics services across North America. The Company structured t ...
RADIANT LOGISTICS ACQUIRES OPERATIONS OF SEATTLE-BASED CASCADE TRANSPORTATION, INC.
Prnewswire· 2024-06-04 05:22
RENTON, Wash., June 3, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value-added logistics solutions, today announced it has acquired the operations Cascade Transportation, Inc. ("Cascade"), a Seattle-based, privately held company that provides a full range of customized time critical domestic and international transportation and logistics services. The Company structured the transaction similar to its previous transact ...
Radiant Logistics Looks Cheap But The Core Market Remains Under Pressure (Rating Downgrade)
Seeking Alpha· 2024-06-04 04:06
Nikada Introduction I've been following US freight forwarder Radiant Logistics, Inc. (NYSE:RLGT) closely, and I've written a total of 7 articles about the company on Seeking Alpha to date. The latest one came out in March 2024 and back then I said that Radiant Logistics was navigating a tough US freight market as the TTM adjusted EBITDA margin was close to 15% in Q2 FY24. On May 9, the company released its Q3 FY24 financial results and I think they were underwhelming as revenues went down by 24.4% year on y ...
Radiant(RLGT) - 2024 Q3 - Earnings Call Transcript
2024-05-12 08:43
财务数据和关键指标变化 - 公司在2024年3月31日结束的3个月内报告净亏损703,000美元,而上年同期报告净利润4,183,000美元,下降约4,886,000美元 [13] - 调整后净收入从上年同期的8,221,000美元下降至3,586,000美元,下降约56.4% [14] - 调整后EBITDA从上年同期的11,560,000美元下降至5,280,000美元,下降约54.9% [14] - 在2024年3月31日结束的9个月内,公司报告净利润2,904,000美元,而上年同期为17,452,000美元,下降约83.4% [15] - 调整后净收入从上年同期的32,845,000美元下降至15,632,000美元,下降约52.4% [16] - 调整后EBITDA从上年同期的46,434,000美元下降至22,083,000美元,下降约52.4% [16] 各条业务线数据和关键指标变化 - 公司的核心业务是北美时效性货运代理,占总收入的约65% [57] - 国际业务占总收入的约35%,其中以空运为主,海运业务在疫情期间有所增加但现已恢复正常水平 [48][51][52] - 公司在芝加哥的双式运输业务和在堪萨斯城新开设的卡车运输经纪业务表现良好 [23] 各个市场数据和关键指标变化 - 国际业务在疫情期间受到一定影响,但现已呈现改善趋势 [20][21] - 加拿大业务在本季度也受到一定影响,但正在逐步恢复 [23] - 公司的互联网运输业务是最大的挑战领域,但也在逐步改善 [23] - 公司在南佛罗里达的邮轮行业支持业务和明尼苏达州的Viking Worldwide收购有助于拓展新的市场机会 [10] 公司战略和发展方向及行业竞争 - 公司将继续通过有机增长和收购来实现盈利增长,同时也将通过代理站转换、协同性收购和股票回购来适度增加财务杠杆 [9][25][28][29] - 公司看到行业内一些竞争对手面临财务困难,这可能为公司带来一些收购机会 [83][89] - 公司保持谨慎乐观,认为行业最差时期已经过去,未来几个季度会逐步恢复到更正常的水平 [20][21][24] 管理层对经营环境和未来前景的评论 - 公司1月份业务非常疲软,但2-3月份逐步好转,4月份继续改善,预计未来几个季度会逐步恢复正常 [20][21] - 公司财务状况良好,无债务,有充足的现金流和信用额度,可以在当前环境中寻找机会 [8][24][70] - 公司认为行业最差时期已经过去,未来几个季度会逐步恢复到更正常的水平 [24][26] 问答环节重要的提问和回答 问题1 **Mark Argento 提问** 询问公司是否看到任何行业复苏的迹象 [19] **Bohn Crain 回答** 公司1月份业务非常疲软,但2-3月份逐步好转,4月份继续改善,预计未来几个季度会逐步恢复正常,国际业务和互联网运输业务有所改善 [20][21][23][24] 问题2 **Kevin Gainey 提问** 询问公司是否遇到客户在价格方面的抵触 [37] **Bohn Crain 和 Todd Macomber 回答** 资产型运输企业由于过剩产能而提供不合理价格,给非资产型3PL企业带来压力,但随着市场恢复,这种情况将逐步改善 [38][39][40][41] 问题3 **Jeff Kauffman 提问** 询问公司是否预计第四季度的季节性将恢复正常 [61] **Todd Macomber 回答** 公司预计第四季度业绩将明显好于第三季度,恢复到更正常的季节性水平 [62][63]
Radiant(RLGT) - 2024 Q3 - Quarterly Report
2024-05-10 04:55
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-35392 RADIANT LOGISTICS, INC. (Exact name of registrant as specified in its charter) Delaware 04-3625550 (State or other ...
Radiant(RLGT) - 2024 Q3 - Quarterly Results
2024-05-10 04:05
Exhibit 99.1 RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE THIRD FISCAL QUARTER ENDED MARCH 31, 2024 Debt free and well positioned for further growth as market conditions improve; Continued progress in acquisition of strategic operating partners RENTON, WA May 9, 2024 – 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 nine months ended March 31, 2024. Financial Highlights – T ...
Radiant(RLGT) - 2024 Q2 - Earnings Call Transcript
2024-02-09 07:24
Radiant Logistics, Inc. (NYSE:RLGT) Q2 2024 Earnings Conference Call February 8, 2024 4:30 PM ET Company Participants Bohn Crain - Founder, Chairman & Chief Executive Officer Todd Macomber - Senior Vice President & Chief Financial Officer Conference Call Participants Jason Seidl - TD Cowen Mark Argento - Lake Street Capital Kevin Gainey - Thompson Davis Jeff Kauffman - Vertical Research Partners Operator Good day, everyone. This afternoon, Bohn Crain, Radiant Logistics Founder and CEO; and Radiant's Chief F ...
Radiant(RLGT) - 2024 Q2 - Quarterly Report
2024-02-09 05:55
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended December 31, 2023 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-35392 RADIANT LOGISTICS, INC. (Exact name of registrant as specified in its charter) Delaware 04-3625550 (State or ot ...
Radiant(RLGT) - 2024 Q1 - Earnings Call Transcript
2023-11-10 10:30
Radiant Logistics, Inc. (NYSE:RLGT) Q1 2024 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Bohn Crain - Founder, Chairman and CEO Todd Macomber - Senior Vice President and CFO Conference Call Participants Elliot Alper - TD Cowen Mark Argento - Lake Street Capital Markets Jeffrey Kauffman - Vertical Research Partners Kevin Gainey - Thompson Davis Operator This afternoon, Bohn Crain, Radiant Logistics' Founder and CEO; and Radiant's Chief Financial Officer, Todd Macomber, will provi ...