Radiant Logistics, Inc. Form 8-K Summary
Business Context and Reporting Period
Radiant Logistics, Inc. filed this Current Report on Form 8-K on September 13, 2016. The filing serves to announce the Company's financial results for the three months and the fiscal year ended June 30, 2016.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The report references a press release (Exhibit 99.1) containing these details, including Non-GAAP measures such as Adjusted Net Income, EBITDA, Adjusted EBITDA, and Normalized Adjusted EBITDA. A reconciliation of these Non-GAAP measures to GAAP financial measures is included in the referenced exhibit.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. Investors must refer to the attached press release for comparative performance analysis.
Guidance, Outlook, and Risks
Management commentary indicates that Non-GAAP financial measures are presented to provide useful information regarding underlying business trends and ongoing operations. The Company states these measures should be used in conjunction with GAAP results and not relied upon to the exclusion of GAAP financial measures. The filing explicitly notes that the information in Item 2.02 and Exhibit 99.1 is furnished and not deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to incorporation by reference into other registration statements.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific GAAP and Non-GAAP financial figures for the quarter and year ended June 30, 2016.
- Examine the reconciliation table in the press release to understand adjustments made to derive Adjusted Net Income and EBITDA metrics.
- Verify the Company's liquidity position and debt levels in the full consolidated financial statements referenced by management.
- Confirm that the furnished information is not incorporated by reference into other SEC filings as stated in the disclaimer.