Radisys Corp (RSYS) Tops Q1 EPS by 1c
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Radisys Reports First Quarter 2015 Results
April 28, 2015 4:05 PM EDTHILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), the services acceleration company, announced first quarter 2015 revenues of $48.7 million and a GAAP net loss of $7.1 million or $.19 per diluted share. First quarter non-GAAP net income was $1.2 million or $.03 per diluted share.
First Quarter Financial Highlights
Non-GAAP EPS of $.03 vs. guidance of $.01, an increase of $.17 year-on-year; Software-Systems revenue of $9.7 million, an increase of over 20% year-on-year; Embedded Products operating income of $4.0 million, an increase of $2.0 million sequentially and nearly $5 million year-on-year;... More