Radiant Logistics exceeded expectations for its recent fiscal quarter, reporting adjusted earnings per share of 11 cents, beating the consensus estimate. Consolidated revenue of $221 million was 7% higher year over year but fell $3 million short of analysts’ expectations due to a softer operating environment.

Despite strong results, CEO Bohn Crain anticipates near-term volatility in results due to ongoing U.S. trade negotiations. Adjusted EBITDA of $7.9 million was 13% lower year over year, with full-year adjusted EBITDA at $38.8 million, including six acquisitions.

Radiant recently acquired an 80% stake in Weport, a Mexico City-based logistics provider. Crain remains optimistic about a surge in global trade post-tariff disputes resolution and plans to adapt to changing markets to support customers’ supply chain strategies.

Ending the quarter with $23 million in cash and minimal credit facility balance, Radiant plans to use available funds for future acquisitions and share repurchases. RLGT shares were down 2.6% in after-hours trading following the earnings report.

Read more at Yahoo Finance: Radiant Logistics beats expectations to close fiscal 2025