Radiant Logistics (RLGT) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS
Radiant Logistics (NASDAQ:RLGT) issued its quarterly earnings data on Wednesday. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.02 by $0.03, American Banking and Market News reports. The company had revenue of $80.70 million for the quarter, compared to the consensus estimate of $76.93 million.
Radiant Logistics (NASDAQ:RLGT) opened at 2.40 on Wednesday. Radiant Logistics has a 52 week low of $0.92 and a 52 week high of $2.74. The stock has a 50-day moving average of $1.99 and a 200-day moving average of $1.95. The company has a market cap of $80.0 million and a P/E ratio of 38.00.
Radiant Logistics, Inc is a non-asset based logistics company providing domestic and international freight forwarding services through a network, which includes a combination of company owned and exclusive agent offices across North America.
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