Radisys Corp (RSYS) Tops Q1 EPS by 1c

Radisys Corp (NASDAQ: RSYS) reported Q1 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $48.7 million versus the consensus estimate of $48.27 million.

Radisys Corp sees FY2015 EPS of $0.00-$0.06, versus the consensus of $0.03. Radisys Corp sees FY2015 revenue of $42-46 million, versus the consensus of $43.9 million.

“As I mentioned in our pre-release two weeks ago, we are off to a good start in 2015 and these results provide further confidence in our ability to deliver on our outlook for the full year,” said Brian Bronson, Radisys President and CEO. “More specifically, we continue to see the funnel of opportunities building within our Software-Systems product lines, our Embedded Products business is off to a strong start against the 2015 cash flow objectives we set forth and our legacy revenue appears to be stable.”

For earnings history and earnings-related data on Radisys Corp (RSYS) click here.

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