Radiant Logistics Exceeds Quarter Expectations Despite Trade Slowdown

Reported about 14 hours ago

Radiant Logistics reported strong first-quarter results with an adjusted earnings per share of 14 cents, surpassing estimates, and a revenue increase of 16% year-over-year to $214 million. However, the company anticipates challenges in the upcoming quarter due to slowing international trade volumes, noting that recent tariff agreements may create a temporary slowdown in shipments. Despite these concerns, CEO Bohn Crain remains optimistic about potential future increases in global trade following resolution of trade tensions.

Source: YAHOO

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