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Radiant Energy Corp.

The Canadian parent company of Radiant Aviation Services Inc. of Orchard Park reached an agreement with Continental Airlines to install its aircraft de-icing system at Newark International Airport. It is Radiant Energy's first deal to install its system at a major airport and its first contract with a major U.S. airline.
Common stock data
Latest close .... $3.60(C)
52-week range .... $0.65-$4.95(C)
Dividend .... 0
P/E ratio .... neg.
Beta .... 0.64
Average daily volume .... 38,436
Financial data
Annual profit .... --$1.8 million
Annual sales .... $1.4 million
Earnings per share
latest 12 months .... --$0.21
Estimated EPS for 1999 .... NA
Key financial ratios
Profit margin .... --129%
Return on equity .... --187%
Debt to equity .... NA
What a key exec says
"We now have a major hub at a major airport. This validates the whole product."
-- Colin Digout, chief operating officer
SOURCE: Bloomberg News; Zacks Investment Research

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