RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FOURTH ...
Radiant Logistics, Inc. reported financial results for the three and twelve months ended June 30, 2023. Despite challenging freight markets, the company generated a record $97.9 million in cash from operations for the fiscal year. The CEO believes that they are at or near the bottom of the cycle and expects markets to normalize in the coming quarters. The company has a strong financial position with $32.5 million in cash and no debt. They will focus on profitable growth through organic and acquisition initiatives.
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