)
Overview
<ul>
<li>Logistics firm’s fiscal Q2 revenue fell 12.2% yr/yr</li>
<li>Adjusted EBITDA for fiscal Q2 rose 93.4% excluding Milton Project</li>
<li>Company repurchased $2.7 mln worth of shares in fiscal Q2</li>
</ul>
Outlook
<ul>
<li>Radiant Logistics expects Navegate platform to drive organic growth in coming quarters</li>
<li>Company plans balanced capital allocation through acquisitions and stock buy-backs</li>
</ul>
Result Drivers
<ul>
<li>SAME-STORE GROWTH - Radiant Logistics reported same-store growth of $3.6 mln in U.S. operations and $1.4 mln in Canadian operations, contributing to adjusted EBITDA increase</li>
<li>NAVEGATE PLATFORM - Advancing digital transformation with Navegate platform to enhance supply chain visibility and decision-making</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Miss $232.10 $235.47
Revenue mln mln (2
Analysts
)
Q2 Beat $11.80 $8.70
Adjusted mln mln (1
EBITDA Analyst)
<h3>Q2 18.6%</h3>
Adjusted
<h3>EBITDA</h3>
Margin
<h3>Q2 $63.5</h3>
Adjusted mln
Gross
Profit
Q2 Gross $61 mln
Profit
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 3 “strong buy” or “buy”, no “hold” and no “sell” or “strong sell”</li>
<li>The average consensus recommendation for the courier, postal, air freight &amp; land-based logistics peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for Radiant Logistics Inc is $8.00, about 11.9% above its February 6 closing price of $7.15</li>
<li>The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 18 three months ago</li>
</ul>
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Radiant Logistics Q2 revenue falls