Management at 3PL Radiant Logistics said Wednesday evening the market is reflective of one “at or near the bottom of the cycle.” The Renton, Washington-based company modestly beat the consensus earnings-per-share estimate for the fiscal fourth quarter ended June 30. Share repurchases led to the modest EPS beat but adjusted earnings before interest, taxes, depreciation and amortization came in light of expectations.
Radiant (NYSE: RLGT) reported adjusted earnings per share of 13 cents for the...
https://www.freightwaves.com/news/radiant-logistics-says-freight-market-at-or-near-bottom