Radiant Logistics Inc

Radiant Logistics reported net income jumped 53.1% to $7.5 million for its fourth fiscal quarter ended June 30, with revenue climbing 18.5% to $261.4 million. Adjusted EBITDA rose 31.6% to $10.4 million, margin expanded 240 basis points to 15.5%, and adjusted net income climbed 34.5% to $7.4 million, all against organic revenue growth of 8%. For the full fiscal year, however, revenue rose just 3.5% to $934.4 million from $902.7 million, net income grew 8.7% to $18.8 million, and adjusted EBITDA fell 5.4% to $36.7 million from $38.8 million, a figure that included a $1.3 million First Brands adjustment. The company entered fiscal 2027 with zero net debt, $25.6 million in cash as of June 30, and a $200 million senior credit facility extended in August to mature August 7, 2031, with its acquisition accordion raised to $100 million from $75 million. Management credited the quarter to US forwarding operations and international airfreight, including typhoon disaster relief in the Western Pacific and data center buildout demand, while noting the domestic truck brokerage improvement is not yet fully reflected in reported results.

Radiant Logistics reported fourth-quarter non-GAAP earnings per share of $0.15, beating analyst estimates by $0.06, according to the company's press release. Revenue for the quarter came in at $261.44 million, up 18.6% year over year and ahead of expectations by $30.1 million. Shares of Radiant Logistics rose 12.78% in after-hours trading following the results. The company announced results for the fourth fiscal quarter and year ended June 30, 2026.

Radiant Logistics has completed the syndication of an amended and restated $200 million secured revolving credit facility, replacing its existing $200 million facility that was set to mature in August 2027. The new facility extends the maturity to 2031, reduces pricing with interest at SOFR plus a margin of 137.5 to 212.5 basis points and a commitment fee of 15 to 30 basis points on unused amounts, and increases the accordion feature from $75 million to an additional $100 million for future acquisitions. As of March 31, 2026, the company had $25 million drawn and $39.6 million in cash, resulting in no net debt. BofA Securities, Bank of Montreal, PNC Bank, Keybank, and Bank of America are among the lenders, with Bank of America serving as administrative agent.