AP NEWS

Radiant Logistics: Fiscal 4Q Earnings Snapshot

September 13, 2018

BELLEVUE, Wash. (AP) _ Radiant Logistics Inc. (RLGT) on Thursday reported fiscal fourth-quarter net income of $4.8 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Bellevue, Washington-based company said it had net income of 9 cents. Earnings, adjusted for non-recurring costs, were 11 cents per share.

The transportation and logistics services company posted revenue of $233.8 million in the period.

For the year, the company reported profit of $10.2 million, or 16 cents per share. Revenue was reported as $842.4 million.

In the final minutes of trading on Thursday, the company’s shares hit $4.60. A year ago, they were trading at $5.06.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RLGT at https://www.zacks.com/ap/RLGT

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