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Radiant Logistics: A High Risk, High Reward Growth Opportunity
Radiant Logistics, a non-asset based 3PL service provider, has grown significantly but faces thin margins and macroeconomic risks. Despite a 24.4% revenue decline in Q3, the company managed to flex costs down, though operating income turned negative. Opportunities include M&A for market share and converting agent stations to company-owned, potentially improving margins.
Seekingalpha | 1 year ago
Radiant Logistics Looks Cheap But The Core Market Remains Under Pressure (Rating Downgrade)
The company's revenues declined by 24.4% year on year to $184.6 million while the operating income was negative in Q3 FY24. Radiant Logistics is operating in a challenging market, and I think Q4 FY24 could be another tough quarter. The company still looks undervalued, and I think it could book an EBITDA of about $44 million by FY26.
Seekingalpha | 2 years ago
