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Radiant Systems reports 2Q results
July 26, 2007
ATLANTA —Radiant Systems Inc., technology provider for the hospitality and retail industries, has announced financial results for the second quarter and six months ended June 30, 2007.
Revenues for the period increased 15 percent, up to $63 million for the second quarter of 2007 compared to $55 million for the same period last year.
Net income for the period, which includes $1.2 million of non-recurring charges, was $2.3 million, a decrease of $9.4 million compared to the same period last year, which includes $9.6 million of non-recurring net gains.
For the six month period ended June 30, 2007, revenues for the period increased 16 percent, up to $120 million compared to $104 million for the same period in 2006.
Net income for the period was $4.3 million, a decrease of $8 million compared to the same period in 2006.
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