Radiant Logistics (RLGT) reported a solid QQ2 2025 (quarter ended December 31, 2024) with revenue of $264.54 million and net income of $6.47 million, translating to basic and diluted EPS of $0.14 and $0.13, respectively. Adjusted EBITDA reached $12.02 million in the three months ended December 31, 2024, underscoring the company’s ability to generate cash flow despite a challenging macro environment and modest near-term seasonality headwinds. Management attributes the quarterly outperformance to a diversified service mix and, notably, project-driven logistics related to Hurricane Milton (e.g., IV fluid shipments), which provided meaningful incremental activity and margin contribution within a low-visibility macro backdrop.
Management signaled that near-term results will remain challenged by tariffs and seasonality, but the company remains positioned to navigate through slower markets via a durable business model, a robust North American footprint, and a strong balance sheet (approximately $20 million of cash and an untapped $200 million credit facility). The strategic thrust remains anchored in accretive acquisitions (Foundation Logistics, TCB Transportation, and Focus Logistics conversions) and ongoing tuck-in opportunities within a modular asset-light/agency-based operating model. TCB Transportation, acquired in December, is expected to contribute approximately $2–$3 million of incremental EBITDA, although management cautions that only one month of post-close results is reflected in QQ2 2025 results. Navigate World Trade Services (Radiant World Trade Services) integration remains a core competitive differentiator in customs brokerage and global trade management.
Looking ahead, management projects ongoing volatility from tariff-related dynamics and seasonality but remains optimistic about long-term growth through a disciplined M&A program, gross-margin optimization via partner conversions, and technology-enabled cross-selling. The balance sheet remains a source of resilience, and the company emphasizes capital allocation discipline (acquisitions, partner conversions, and selective buybacks when appropriate). Overall, RLGT presents a constructive risk-adjusted growth profile for investors willing to tolerate near-term macro and policy uncertainty.