Radisys Corp (RSYS) Misses Q1 EPS by 2c

Radisys Corp (NASDAQ: RSYS) reported Q1 EPS of ($0.14), $0.02 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $43.8 million versus the consensus estimate of $43.3 million.

Radisys Corp sees Q2 2014 EPS of ($0.11)-$0.01, versus the consensus of ($0.01). Radisys Corp sees Q2 2014 revenue of $44-50 million, versus the consensus of $49.4 million.

Commenting on first quarter financial and business highlights, Brian Bronson, Radisys President and Chief Executive Officer stated, “Our first quarter financial results were in-line with the expectations set back in February and we continue to make the progress necessary to return to profitability in the second half as well as enable long-term profitable growth.

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

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