Radisys Corp (RSYS) Misses Q1 EPS by 13c

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Radisys Reports First Quarter 2017 Results

May 2, 2017 4:05 PM EDT

Results within guidance range; Resumed DCEngine deployments with largest customer; Continued traction with Tier 1 trials

HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), the services acceleration company, today announced financial results for the first quarter ended March 31, 2017.

First Quarter Summary

Consolidated revenue of $37.6 million, which was in line with the guidance range; GAAP loss per share was $0.26, with a non-GAAP loss of $0.14 per share which includes $0.5 million tied to unfavorable currency translation within other expense;... More