NYSE$RLGT

Radiant Logistics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Radiant Logistics experienced a global and industry-wide impact of the COVID-19 pandemic and management pivoted to respond to global reduction in shipping activity.

Radiant Logistics reported a decrease in revenue to $177.2 million compared to $206.0 million in the prior year period. Net income attributable to common stockholders was $0.1 million, or $0.00 per share, compared to $2.9 million, or $0.06 per share in the prior year period. Adjusted net income was $4.0 million, or $0.08 per share, compared to $5.6 million, or $0.11 per share in the prior year period. Adjusted EBITDA was $6.1 million compared to $8.4 million for the comparable prior year period.

  • Revenues reported at $177.2 million, compared to revenues of $206.0 million for the comparable prior year period.
  • Net income attributable to common stockholders reported at $0.1 million, or $0.00 per share, compared to $2.9 million, or $0.06 per share for the comparable prior year period.
  • Adjusted net income attributable to common stockholders reported at $4.0 million, or $0.08 per share, compared to adjusted net income attributable to common stockholders of $5.6 million, or $0.11 per share for the comparable prior year period.
  • Adjusted EBITDA reported at $6.1 million, compared to adjusted EBITDA of $8.4 million for the comparable prior year period.

Headline financials

Total Revenue

$177M

Previous: $206M-14.0%
EPS (adj)

$0.08

Previous: $0.11-27.3%
Adjusted EBITDA Margin

12.7%

Previous: 16.0%-20.6%
Capital Expenditures

-$4.73M

Previous: $2.44M-293.7%
Free Cash Flow

-$4.68M

Previous: $2.93M-259.4%
Net Income

$53K

Previous: $2.93M-98.2%
Operating Income

$705K

Previous: $4.77M-85.2%
Cash & Equivalents

$16.7M

Previous: $5.48M+204.5%
Total Assets

$304M

Previous: $271M+12.1%

Revenue & EPS history

Radiant Logistics · Revenue · Quarterly

$177M

Q3 2020-14%vs Q3 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The impact of COVID-19 will likely continue to have an adverse effect on our financial results for the foreseeable future.

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 Q3 2020

Historical avgQ3 2020

+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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