RADIANT LOGISTICS ANNOUNCES SELECT PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR 1ST FISCAL QUARTER ENDED SEPTEMBER 30, 2022.

RENTON, Wash: Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics company providing technology-enabled global transportation and value added logistics solutions to customers, today announced select preliminary unaudited financial results for the three months ended September 30, 2022, and that it will be filing a Form 12b-25 with the U.S. Securities and Exchange Commission, as the Company will be late in filing its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 (the "Form 10-Q"). The delay in the filing of the Company's Form 10-Q for the quarter ended September 30, 2022, is a result of the previously disclosed delay of the Company's Annual Report on Form 10-K for the year ended June 30, 2022 and the Company's on-going efforts to complete the restatement of its fiscal 2021 audited financial statements, each of the interim quarterly financial statements filed on Form 10-Q during fiscal 2021, as well as each of the interim quarterly financial statements filed on Form 10-Q during its 2022 fiscal year (the "Restatement Periods"). The Company currently expects that it will bring all of its filings current before the end of the calendar year.

The financial results presented below for the quarterly period ended September 30, 2022, reflect the Company's preliminary, internal management prepared and unaudited results of operations as of the date of this press release. These financial statements have not yet been reviewed by our independent auditors. Accordingly, not only will these preliminary results be subject to change upon completion of standard quarterly review procedures by our independent auditors, but they may also be subject to change upon the completion of the audit of the Company's full-year financial statements and any flow through effects of adjustments arising from the restatement process, and actual results may vary from these preliminary results.

To keep its stockholders and the public informed on its current operations, the Company has determined to report on its preliminary management prepared unaudited results for the Company's first fiscal quarter ended September 30, 2022 as follows:

Financial Highlights - Three Months Ended September 30, 2022 (Preliminary)

Revenues increased to a record $331.0 million for the first fiscal quarter ended September 30, 2022, up compared to revenues for the comparable prior year period.

Net revenues, a non-GAAP financial measure, increased to a record $76.5...