RADIANT TURNS IN KILLER QUARTER

Radiant Systems is a little out of the midmarket main stream, but its POS systems (the old Synchronics CounterPoint) are sold by some typical financial software resellers. And maybe its results for the second quarter ended June 30 shows there is something to specialization after all. Net income rose by 81.3 percent, revenue by 22 percent, system sales by 40 percent and according to CEO John Heyman as far as resellers, "We’re north of 20-percent growth in channel business I’m optimistic we can maintain that, but I’m not banking on it." Read more...

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