Radisys Corp (RSYS) Tops Q2 EPS by 6c, Lowers Outlook

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Radisys Reports Second Quarter 2017 Results

August 1, 2017 4:05 PM EDT

HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced financial results for the second quarter ended June 30, 2017.

Second Quarter Summary

Consolidated revenue of $35.1 million, consistent with the Companys preliminary revenue estimate of $35 million; GAAP loss per share was $0.19, with a non-GAAP loss of $0.06 per share improving from a loss of $0.14 per share sequentially; Cash flow from operations was $10.3 million; Successfully launched the FlowEngine TDE-2000 and secured the first... More