NYSE$RLGT

Radiant Logistics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported record results for the March quarter across several key financial metrics.

Radiant Logistics reported record revenues of $236.5 million, record net revenues of $56.8 million, record net income of $5.0 million, record adjusted net income of $9.1 million, and record adjusted EBITDA of $12.9 million for the third fiscal quarter ended March 31, 2021.

  • Revenues increased to a record $236.5 million, up 33.5% compared to the prior year period.
  • Net revenues increased to a record $56.8 million, up 18.8% compared to the prior year period.
  • Net income increased to a record $5.0 million, up $4.9 million compared to the prior year period.
  • Adjusted EBITDA increased to a record $12.9 million, up 111.5% compared to the prior year period.

Headline financials

Total Revenue

$237M

Previous: $177M+33.5%
EPS (adj)

$0.18

Previous: $0.08+125.0%
Adjusted EBITDA Margin

22.7%

Previous: 12.7%+78.7%
Adjusted EBITDA

$12.9M

No prior period
Capital Expenditures

-$8.67M

Previous: -$4.73M-83.4%
Free Cash Flow

-$3.69M

Previous: -$4.68M+21.1%
Net Income

$4.98M

Previous: $53K+9303.8%
Operating Income

$5.45M

Previous: $705K+672.8%
Gross Profit

$38.4M

No prior period
Cash & Equivalents

$4.22M

Previous: $16.7M-74.8%
Total Assets

$328M

Previous: $304M+7.9%
Stock-Based Comp

$303K

No prior period

Revenue & EPS history

Radiant Logistics · Revenue · Quarterly

$237M

Q3 2021+33.5%vs Q3 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

The company remains optimistic about the trajectory of the economy and the opportunities that it will present for Radiant. In the months ahead, they will continue to closely monitor how they and the economy are progressing and look forward to re-engaging in acquisition opportunities and/or their stock buy-back activities as the opportunities present themselves.

Tailwinds

  • Diversity of customers.
  • Strength of balance sheet.
  • Scalability of technology.
  • Commitment of employees.
  • Eventual recovery of the business sectors that have been most adversely affected by COVID-19.

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 2021

Historical avgQ3 2021

+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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