NYSE$RLGT

Radiant Logistics Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported record results for the first fiscal quarter ended September 30, 2022.

Radiant Logistics reported record preliminary unaudited financial results for the first fiscal quarter ended September 30, 2022. Revenues increased to a record $331.0 million, net income attributable to Radiant Logistics, Inc. increased to a record $8.0 million, and adjusted EBITDA increased to a record $18.5 million.

  • Revenues increased to a record $331.0 million.
  • Net revenues increased to a record $76.5 million.
  • Net income attributable to Radiant Logistics, Inc. increased to a record $8.0 million, or $0.17 per basic and $0.16 per fully diluted share.
  • Adjusted EBITDA increased to a record $18.5 million.

Headline financials

Total Revenue

$331M

Previous: $286M+15.7%
EPS (adj)

$0.27

Previous: $0.21+28.6%
Adjusted EBITDA Margin

24.2%

Previous: 22.4%+8.0%
Adjusted EBITDA

$18.5M

Previous: $14.5M+27.7%
Capital Expenditures

-$949K

Previous: -$1.46M+34.8%
Free Cash Flow

$7.48M

Previous: $5.62M+33.1%
Net Income

$8.43M

Previous: $7.08M+19.1%
Operating Income

$10.9M

Previous: $9.76M+11.6%
Gross Profit

$49.9M

Previous: $45M+10.9%
Cash & Equivalents

$23.7M

Previous: $9.48M+150.2%
Total Assets

$457M

Previous: $383M+19.2%
Stock-Based Comp

$609K

Previous: $350K+74.0%

Revenue & EPS history

Radiant Logistics · Revenue · Quarterly

$331M

Q1 2023+15.7%vs Q1 2022
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

While the company remains very optimistic about its prospects for fiscal 2023 and beyond, they are beginning to see signs of a slowing economy and expect operations to return to more normalized levels and growth rates in coming quarters.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

+1.2%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+2.2%

Avg return

30 days after

50%

32 / 64 earnings

Positive

+19.1%

Q2 2017

Best reaction

-21.6%

Q1 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+9.4%+5.1%+15.1%
Q2 2026+16.3%+4.1%-3.4%
Q1 2026-2.4%-3.9%+9.7%
Q3 2025+0.3%-1.5%-2.9%
Q2 2025+3.6%+5.5%-7.5%
Q1 2025-7.5%-5.4%-3.8%
Q4 2024+4.6%+2.5%+4.6%
Q3 2024-1.2%-2.7%+3.9%
Q2 2024+4.1%-5.6%-8.7%
Q1 2024-1.0%+9.9%+7.2%
Q4 2023-7.2%-11.2%-11.0%
Q3 2023-4.6%+0.5%+2.7%
Q2 2023+9.1%+22.2%+16.9%
Q1 2023-3.0%-3.0%-12.2%
Q4 2022-1.6%-8.9%-17.7%
Q3 2022+10.9%+9.0%+22.8%
Q2 2022+12.5%+12.9%+5.8%
Q1 2022+12.9%+15.8%+2.9%
Q4 2021-0.9%-2.7%-2.8%
Q3 2021+11.3%+15.3%+5.6%
Q2 2021+11.3%+11.1%+8.7%
Q1 2021+12.5%+11.5%+23.6%
Q4 2020+4.6%+1.2%+0.0%
Q3 2020-17.0%-19.6%-0.9%
Q2 2020-5.6%-4.4%-28.2%
Q1 2020-1.6%-5.3%+5.4%
Q4 2019+0.2%-7.2%-4.0%
Q3 2019-2.5%-5.7%-7.0%
Q2 2019+8.9%+10.7%+14.4%
Q1 2019+7.2%+13.4%-4.9%
Q4 2018+13.7%+19.0%+15.2%
Q3 2018-1.1%+0.5%+10.3%
Q2 2018-15.9%-21.5%-16.1%
Q1 2018-0.6%-15.2%-11.1%
Q4 2017-2.7%-2.9%+2.1%
Q3 2017-4.1%-3.8%-21.1%
Q2 2017+19.1%+36.0%+44.0%
Q1 2017+14.8%+27.0%+45.2%
Q4 2016-14.2%-20.0%-18.7%
Q3 2016-11.7%
Q2 2016+5.8%
Q1 2016+4.3%
Q4 2015-5.3%
Q3 2015+3.5%
Q2 2015+1.1%
Q1 2015-10.5%
Q4 2014+10.9%
Q3 2014+0.7%
Q2 2014-2.9%
Q1 2014+4.5%
Q4 2013+9.1%
Q3 2013+1.5%
Q2 2013+7.3%
Q1 2013-21.6%
Q4 2011-1.7%
Q4 2012-1.7%
Q3 2011-4.5%
Q3 2012-4.5%
Q2 2011-1.7%
Q2 2012-1.7%
Q1 2011-2.5%
Q1 2012+4.3%
Q4 2010+5.6%
Q3 2010-7.1%

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