Radiant Logistics’ 4Q Income Rises

Third-party logistics company Radiant Logistics’ fiscal fourth-quarter net income increased from a year ago, the company said.

Net income rose to $2.4 million, or 7 cents per share, from $900,000, or 3 cents a share, a year ago.

Revenue for the quarter ended June 30 declined 1.3% to $80.7 million, Radiant said.

For the full year, net income rose to $3.7 million or 11 cents a share on $311 million in revenue from $2 million or 6 cents a share on $297 million in revenue the prior year.