Radiant Logistics, Inc. today announced that it has secured a new $200.0 million syndicated secured revolving credit facility (the “Secured Facility”) to replace its existing $150.0 million revolving facility. The Secured Facility enhances the Company’s financial flexibility, providing increased capacity to fund future acquisitions, capital expenditures or for other corporate purposes, including, if warranted at the time, the repurchase of the Company’s common stock.
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Reports quarterly results with revenues of $460.9 million, up $224.4 million or 94.9%; Net revenues of $84.9 million, up $28.1 million or 49.5%; Net income of $14.3 million, up $9.3 million or 186.0%; and Adjusted EBITDA of $23.6 million, up $10.7 million or 82.9%
Radiant Logistics, Inc. (NYSE American: RLGT) today reported financial results for the three and nine months ended March 31, 2022.