Radisys Corp (RSYS) Reports In-Line Q2 EPS
Get Alerts RSYS Hot Sheet
Financial Fact:
Income tax expense (benefit): 694K
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
Radisys Corp (NASDAQ: RSYS) reported Q2 EPS of $0.03, in-line with the analyst estimate of $0.03. Revenue for the quarter came in at $47 million versus the consensus estimate of $44 million.
Radisys Corp sees Q3 2015 EPS of $0.03-$0.09. Radisys Corp sees Q3 2015 revenue of $43-47 million.
“In the second quarter, we continued to generate further momentum across our business, specifically within Software-Systems with strong revenue growth both sequentially and year-on-year,” said Brian Bronson, Radisys President and CEO. “Most notably, during the quarter we received an $11 million follow-on order from a large Asian carrier that selected our MediaEngine platform to enable all media processing in its VoLTE rollout. Also strategically significant during the quarter was the acceptance of additional FlowEngine lab units by the large North American carrier we are engaged with representing another tangible proof point for our new products. We continue to expect initial orders from this carrier for commercial deployments later in the second half of 2015.”
For earnings history and earnings-related data on Radisys Corp (RSYS) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Skechers USA (SKX) Tops Q1 EPS by 23c, Beats on Revenue; Offers FY24 Guidance
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
Create E-mail Alert Related Categories
Earnings, Guidance, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!