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Radiant Technology Corp

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BUSINESS
February 22, 1999
Radiant Technology Corp., a Fullerton manufacturer of thermal processing systems, said net income for the first fiscal quarter ended Dec. 31 fell to $11,974, or 1 cent a share, from $121,926, or 7 cents a share, for the comparable period in 1997. Sales declined 36% to $696,853 from $1.1 million. The company said results were affected by the economic downturn in Asia.
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BUSINESS
February 22, 1999
Radiant Technology Corp., a Fullerton manufacturer of thermal processing systems, said net income for the first fiscal quarter ended Dec. 31 fell to $11,974, or 1 cent a share, from $121,926, or 7 cents a share, for the comparable period in 1997. Sales declined 36% to $696,853 from $1.1 million. The company said results were affected by the economic downturn in Asia.
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BUSINESS
January 12, 1999
Radiant Technology Corp., Fullerton manufacturer of thermal processing systems, reported net income of $415,587, or 22 cents a share, for the fiscal year ended Sept. 30, down 30% from the $591,812, or 32 cents a share, for the prior fiscal year. Sales were up nearly 7% to $4.7 million from 4.4 million.
BUSINESS
January 12, 1999
Radiant Technology Corp., Fullerton manufacturer of thermal processing systems, reported net income of $415,587, or 22 cents a share, for the fiscal year ended Sept. 30, down 30% from the $591,812, or 32 cents a share, for the prior fiscal year. Sales were up nearly 7% to $4.7 million from 4.4 million.
BUSINESS
November 20, 1993
Radiant Technology Corp. has filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code. The Anaheim company, which makes infrared ovens and furnaces for the electronics industry, said it decided to file for bankruptcy after a former landlord sued seeking damages for the termination of a lease agreement.
BUSINESS
February 24, 1996
Radiant Technology Corp., a company that makes infrared furnaces and ovens for the electronics industry, said it has emerged from bankruptcy. The Anaheim-based company entered Chapter 11 bankruptcy protection in November 1993, after a former landlord sued seeking damages for termination of a lease agreement. Radiant said in a news release that the company "emerges from its voluntary confines profitable, with a strong backlog and confident management team."
BUSINESS
July 29, 1998
Radiant Technology Corp.: The Fullerton manufacturer of thermal processing systems reported net income of $182,048, or 10 cents a share, for the third fiscal quarter, up 35% from the $135,280, or 7 cents a share, for the comparable period in 1997. Revenue rose 8% to $1.3 million from $1.2 million. Net income for the nine months was $484,256, or 26 cents a share, 73% higher than the $279,593, or 15 cents a share, for the comparable period last year. Sales were up 19% to $3.7 million from $3.
BUSINESS
February 24, 1996
Radiant Technology Corp., a company that makes infrared furnaces and ovens for the electronics industry, said it has emerged from bankruptcy. The Anaheim-based company entered Chapter 11 bankruptcy protection in November 1993, after a former landlord sued seeking damages for termination of a lease agreement. Radiant said in a news release that the company "emerges from its voluntary confines profitable, with a strong backlog and confident management team."
BUSINESS
November 20, 1993
Radiant Technology Corp. has filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code. The Anaheim company, which makes infrared ovens and furnaces for the electronics industry, said it decided to file for bankruptcy after a former landlord sued seeking damages for the termination of a lease agreement.
BUSINESS
January 18, 1991
Radiant Technology Corp., the Anaheim-based maker of infrared ovens and furnaces, said it lost $2.2 million for its fiscal year ended Sept. 30, attributing the loss to reduced sales to the semiconductor industry. Last year, the company posted net income of $61,900. Sales declined 18% to $7.4 million from $9 million.
BUSINESS
July 29, 1998
Radiant Technology Corp.: The Fullerton manufacturer of thermal processing systems reported net income of $182,048, or 10 cents a share, for the third fiscal quarter, up 35% from the $135,280, or 7 cents a share, for the comparable period in 1997. Revenue rose 8% to $1.3 million from $1.2 million. Net income for the nine months was $484,256, or 26 cents a share, 73% higher than the $279,593, or 15 cents a share, for the comparable period last year. Sales were up 19% to $3.7 million from $3.
BUSINESS
January 18, 1991
Radiant Technology Corp., the Anaheim-based maker of infrared ovens and furnaces, said it lost $2.2 million for its fiscal year ended Sept. 30, attributing the loss to reduced sales to the semiconductor industry. Last year, the company posted net income of $61,900. Sales declined 18% to $7.4 million from $9 million.
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