Radiant Logistics, Inc. has announced its financial results for the three and nine months ended March 31, 2025. The company reported a net income of $2.5 million on $214.0 million of revenues for the three months ended March 31, 2025, translating to $0.05 per basic and fully diluted share. This marks a significant turnaround from the same period in 2024, where the company experienced a net loss of $0.7 million on $184.6 million of revenues. For the nine months ended March 31, 2025, Radiant Logistics reported a net income of $12.4 million on $682.1 million of revenues, or $0.26 per basic and $0.25 per fully diluted share, compared to the previous year's net income of $2.9 million on $596.4 million of revenues. In terms of non-GAAP financial measures, the company recorded an adjusted net income of $6.9 million, or $0.15 per basic and $0.14 per fully diluted share, for the three months ended March 31, 2025, nearly doubling from the previous year's $3.6 million, or $0.08 per share. Adjusted EBITDA also showed a substantial increase, reaching $9.4 million, up from $5.2 million in the same period the previous year. Radiant Logistics highlighted its strategic focus on growth through acquisitions, pointing to recent transactions and opportunities within its agent-based network.
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