Radiant Logistics, Inc. (NYSE:RLGT) Q3 2022 Earnings Conference Call May 10, 2022 4:30 PM ET

Company Participants

Bohn Crain - Founder and Chief Executive Officer

Todd Macomber - Chief Financial Officer

Conference Call Participants

Mark Argento - Lake Street

Jeff Kauffman - Vertical Research

Mike Vermut - Newland Capital

Operator

This afternoon, Bohn Crain, Radiant Logistics’ Founder and CEO; and Radiant’s Chief Financial Officer, Todd Macomber, will discuss financial results for the company’s third fiscal quarter and 9 months ended March 31, 2022. Following their comments, we will open the call to questions. This conference is scheduled for 30 minutes.

This conference call may include forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. The company has based these forward-looking statements on its current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about the company that may cause the company’s actual results or achievements to be materially different from the results or achievements expressed or implied by such forward-looking statements.

While it is impossible to identify all the factors that may cause the company’s actual results or achievements to differ materially from those set forth in our forward-looking statements, such factors include those that have in the past and may in the future be identified in the company’s SEC filings and other public announcements, which are available on the Radiant website at www.radiantdelivers.com. In addition, past results are not necessarily an indication of future performance.

Now I’d like to pass the call over to Radiant’s Founder and CEO, Bohn Crain.

Bohn Crain

Thanks, Vishan. Thank you. Good afternoon, everyone and thank you for joining in on today’s call. We are very pleased to continue our trend and report another quarter of record financial results for the March quarter. It was nothing short of a spectacular quarter, with us reporting new records for virtually every financial metric on which we report: revenues, net revenues, net income, adjusted net income, EBITDA, adjusted EBITDA, EBITDA margin, earnings per share and adjusted earnings per share, all records.

Our business remains quite strong across our various service offerings, with a particularly strong showing this quarter in our project charter business in the first full quarterly contribution from our December 2021 acquisition of Navegate. Across the board, in our forwarding operations at both our company-owned and strategic operating partner locations, our Canadian operations, and our U.S. brokerage operations, each and every group is making a meaningful contribution to our collective success.