Radiant Logistics (RLGT): Citizens Turns Bullish on a Quarter the Full Year Doesn’t Back Up
Radiant Logistics (RLGT) reported Q4 revenue up 18.5% to $261.4M, net income up 53.1% to $7.5M, and adjusted EBITDA up 31.6% to $10.4M. Citizens upgraded RLGT to Outperform with a $10 target, citing strong Q4 results and expectations for future acquisitions. However, full-year revenue grew only 3.5% to $934.4M, and adjusted EBITDA fell 5.4% to $36.7M. Management noted ongoing disruptions in ocean freight and new tariffs. Hedge funds like Royce & Associates increased stakes. RLGT trades at 11.68x


