Radisys Corp (RSYS) Misses Q3 EPS by 1c

Radisys Corp (NASDAQ: RSYS) reported Q3 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $50.8 million versus the consensus estimate of $51.5 million.

Radisys Corp sees Q4 2014 EPS of $0.00-$0.12, versus the consensus of $0.06. Radisys Corp sees Q4 2014 revenue of $47-53 million, versus the consensus of $51.13 million.

Commenting on third quarter financial and business highlights, Brian Bronson, Radisys President and Chief Executive Officer stated, “As we continue the transformation of Radisys, I’m pleased we met the guidance set in August and returned the company to non-GAAP profitability. Our continued progress in driving our strategy combined with a relentless focus on improving operational efficiencies and reducing cost have yielded steadily improving financial results over the prior four quarters.

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

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