Radisys Corp (RSYS) Reports In-Line Q2 EPS

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Radisys Reports Second Quarter 2015 Results

July 28, 2015 4:05 PM EDT

Consolidated revenue of $47.0 million above guidance range; Software-Systems revenue grew 36% year-on-year

HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), the services acceleration company, today announced financial results for the second quarter ended June 30, 2015.

Second Quarter Consolidated Financial Highlights

Consolidated revenue of $47.0 million; Non-GAAP gross margin of 31.2%, an increase of 280 bps year-on-year; Non-GAAP earnings per share of $0.03, an increase of $0.10 year-on-year; and Cash generation of $2.7 million.

In the second quarter, we continued to... More