The third party logistics and multi modal transportation services provider Radiant Logistics Inc. (RGLT) reported a small increase in net earnings following the purchase of three operations earlier this year.

During its most recent fiscal quarter ending June 30, the Washington-state based company saw revenue increase 91.9% from a year earlier to $196.2 million

Net income attributable to common shareholders was $1.7 million, or 4 cents per basic and fully diluted share, for the fourth fiscal quarter of 2015. That compares to net income of $1.6 million, or 5 cents per basic and 4 cents per fully diluted share, for the comparable prior year period.

Adjusted EBITDA increased 46.8% to $6.5 million for the fourth fiscal quarter of 2015, compared to adjusted EBITDA of $4.5 million during the same time in 2014.

In April the company completed its acquisition of Wheels Group Inc., one of the largest non-asset based third party logistics providers based in Canada, for approximately $26.9 million in cash and 6.9 million shares of Radiant's common stock.

In June Radiant acquired Service By Air Inc., a domestic and international freight forwarding operation serving manufacturers, distributors and retailers through a combination of company-owned operating locations in Lawrence, New York; Carson, Calif. and San Francisco, and 40 independent agency locations across North America.

At the same time the company also acquired Highways and Skyways Inc., a provider of domestic and international transportation and logistics services to manufacturing, apparel, paper products, medical devices, consumer products and technology industries.

For the company’s fiscal year ending June 30, Radiant reported net income attributable to common shareholders of $3.83 million on $502.6 million of revenue, or 11 cents per basic and 10 cents per fully diluted share. This is down slightly from 2014, when it report net income attributable to common shareholders of $4.03 million on $349.1 million of revenues, or 12 cents per basic and 11 cents per fully diluted share.

The company also reported adjusted EBITDA of $17.3 million for its 2015 fiscal year, compared to adjusted EBITDA of $14.8 million for the 2014 fiscal year.

"We are very pleased to report record results for the quarter ended June 30, 2015, and our continuing trend of double-digit earnings growth," said Bohn Crain, founder and CEO. “As a reminder, these quarterly results include only 22 days of contribution from our acquisition of SBA and only one month's contribution from Highways and Skyways. On a combined basis we expect these two acquisitions to contribute approximately $4.5 million in incremental run-rate EBITDA.”

Radiant left its prior guidance for its 2016 fiscal year unchanged, projecting adjusted EBITDA in the range of $30.0 to $34.0 million on approximately $900.0 to $950.0 million in revenues, and $195 million to $205 million in net revenues. This equates to adjusted net income available to common shareholders in the range of $12 million to $14.7 million, or 24 cents to 30 per basic 24 cents to 29 cents per fully diluted share.

More financial details are on the Radiant Logistics website.