Radisys Corp (RSYS) Reports In-Line Q4 EPS
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Radisys Reports Fourth Quarter and Full Year 2016 Results
February 9, 2017 4:07 PM ESTConsolidated annual revenue grows 15% year-on-year to $212 million
HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), the services acceleration company, today announced financial results for the fourth quarter and year ended December 31, 2016.
Fourth Quarter Highlights
Consolidated revenue of $40.6 million; Software-Systems achieved record quarterly revenue of $17.7 million, or 13% year-on-year growth; GAAP loss per share was $0.11, with non-GAAP earnings of $0.04 per diluted share; Generated $7.2 million in cash flow from operations; and Converted two proof of concepts into initial... More