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via finance.yahoo.comBusiness & Companies

Radiant Logistics jumps after better-than-expected quarter and eyes larger M&A

FROM THE WIRE · FINANCE.YAHOO.COM

Shares of third-party logistics provider Radiant Logistics jumped 12.4% in after-hours trading on Monday following the company's better-than-expected quarterly report. Radiant (NYSE: RLGT) reported revenue of $280 million for its fiscal first quarter ended Sept. 30. The result…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results beat consensus with a strong after-hours rise, relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Fiscal first quarter revenue was $280 million, up 23% year over year.
  2. 02Adjusted EBITDA of $12.2 million was nearly 80% higher year over year.
  3. 03Shares jumped 12.4% in after-hours trading following the report.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Radiant Logistics, Inc.RLGTStock9.14 USDMarket closedtoday +2.81%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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