Dallas, TX 2/23/2008 6:10:02 AM
News / Finance

BeaconEquity.com’s Market News Announce Publication of ‘Radiant Systems, Inc. (RADS) Surged 17.9% on Jump in Fourth-Quarter Profit ’

DALLAS – BeaconEquity.com announces the publication of ‘Radiant Systems, Inc. (RADS) Surged 17.9% on Jump in Fourth-Quarter Profit ’

 

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Radiant Systems, Inc. (RADS) Surged 17.9% on Jump in Fourth-Quarter Profit

 

Both in terms of number of establishments and number of employees, retail is the second-largest industry in the United States, and also one of the largest worldwide. According to industry experts, the U.S. retail industry generates $3.8 trillion in retail sales annually ($4.2 trillion if food service sales are included), approximately $11,993 per capita. Radiant Systems, Inc. (RADS) engages in the development, installation, and delivery of solutions for managing site operations of hospitality and retail industries in the United States and internationally. The Company sells its products through its sales force, as well as through third-party resellers.

In the United States, retail trade accounts for about 12.4 percent of all business establishments. This sector plays a significant role in Radiant Systems' business. The Company's Retail segment provides store and office-oriented technologies for the automation of retail businesses spanning from small stores to global networked chains. It provides software, hardware, and services, either as turnkey solutions or as point-solutions. This segment's solutions include point-of-sale systems, integrated back-office systems, fuel controllers, self-service kiosks, site management technology, payment processing, systems management, and centralized data management.

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