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Radient Technologies Inc

09:55 AM EST - Radient Technologies Inc : Has released its financial results for the fiscal year ended March 31, 2018. The balance sheet significantly strengthened from 2017 to complete a successful turnaround for the Company. The cash balance as of March 31, 2018 was approximately $21.9 million, up from $11.4 million on March 31, 2017. Long-term debt of over $8.1 million as of March 31, 2017 was extinguished through a series of pay-downs and restructuring initiatives. The working capital position swung to a surplus of $22.1 million from $6.7 million during the same time frame. Radient Technologies Inc shares V.RTI are trading up $0.02 at $1.09.