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Radiant Logistics Inc  (RLGT)
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EARNINGS REPORT by CSIMarket

Break-even, Sales Weak

Radiant Logistics Inc announced third quarter 2020 operating profit of $0.705 millions

Picking-Station_Goods-to-Operator_By_TGWmechanics_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the third quarter 2020 Radiant Logistics Inc reached break-even of $0.00 per share compare to $0.06 a year ago and from $0.05 per share from the previous quarter.

Sales declined in double digits by -13.99 % to $177 millions from $206 millions in the same quarter a year ago and sequentially Sales deteriorated by -12.24 % from $202 millions.



Net income of $0.126 millions in the third quarter 2020 fell by -96.04 % from $3.179 millions in the corresponding period a year before. Looking further into third quarter 2020 Radiant Logistics Inc's profitability, operating margin mitigated to 0.4%, and net margin shrank to 0.07%.


Radiant Logistics Inc is expected to report next financial results on September 11, 2020.


    Recently Reported Results
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Losses Widen due Decrease in Demand

Lower demand led to lower revenues and higher loss, in the third quarter company increased losses to $-1.69 per share, while Sales fell by -8.93% to $18.50 millions, year on year.

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May Outlays for U.S. construction projects grew

U.S. Department of Commerce reported 0.8 % increase in construction spending in May, as decline in residential construction offset an increase in nonresidential construction.

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Zomedica Pharmaceuticals Corp announced second quarter operating income of $5.302545 millions

In the second quarter Zomedica Pharmaceuticals Corp lost money of $-0.02 per share compared to $-0.02 a year ago and from $-0.02 per share from the previous quarter.

Sales remained unchanged to $-0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Losses Cut on Soft Sales

For the second quarter company managed to cut it's deficit on declining revenue, where loss per share were at $-0.09 compared to $-0.14 and revenue decreased by -18.26% to $52.87 millions compared to $64.68 millions in same quarter a year ago.

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Redemption of Losses, Single Digit Topline Growth

Organogenesis Holdings Inc announced earnings per share of $-0.05 and Sales of $61.73 millions in the second quarter, Company's decreased loss per share, versus $-0.11 eps, earned in the same quarter a year ago, although Organogenesis Holdings Inc saw it's Sales rise by 6.18% in the same period.

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Loxley_Farm_Market_Produce_By_Infrogmation_of_New_Orleans_[CC-BY-SA-3.0_(http_creativecommons.org_licensesby-sa3.0)]_via_Wikimedia_Commons Consumer Price Index

Gasoline lifts consumer prices in June


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Payrolls continue to grow in June, unemployment rate 11.1 %

Nonfarm payrolls grew in June,

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Deflation?


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Manufactured Housing Properties Inc announced second quarter operating loss of $-0.246662 millions

Manufactured Housing Properties Inc announced very strong Sales growth of 132.66% year on year to $1.51 millions in the second quarter, but increased losses at $-0.06.

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Strong, Stronger, SBFG

Sb Financial Group Inc reported very strong results in the second quarter, where Revenues increased by 31.36% to $16.19 millions and profits soared by 42.42 % to $0.47 per share, year on year.

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Quantum Computing Inc announced second quarter operating loss of $-0.917556 millions

In the second quarter Quantum Computing Inc lost money of $-0.20 per share compared to $-0.38 a year ago and increased losses from $-0.09 per share from the previous quarter.

Sales fell sharply to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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science-2203701__340 Sensus Healthcare Inc

Deficit Bigger Than a Year Ago, Topline Tumbles

Sensus Healthcare Inc reported disastrous second quarter, where Sales faded by -84.18% to $1.18 millions and loss per share has widen to $-0.16, from the same quarter a year ago.

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Redwood Green Corp announced second quarter operating deficit of $-0.691565 millions

In the second quarter Redwood Green Corp loss increased of $-0.01 per share compared to $0.00 a year ago and improved from $-0.03 per share from the previous quarter.

Sales remained unchanged to $0.77 millions from $0.00 millions in the same quarter a year ago and sequentially Sales Tumbled by -51.72% from $1.59 millions.

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Flexshopper Inc announced second quarter operating surplus of $0.789058 millions

Flexshopper Inc announced earnings per share of $-0.04 and Sales of $24.84 millions in the second quarter, Company's decreased loss per share, versus $-0.05 eps, earned in the same quarter a year ago, although Flexshopper Inc saw it's Sales rise by 18.71% in the same period.

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Other RLGT's Earnings Reports

Radiant Logistics Inc reported second quarter 2019 earnings

Radiant Logistics Inc reported first quarter 2019 earnings

Radiant Logistics Inc reported fourth quarter 2019 earnings

       
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