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Broadband

Radisys grows quarterly sales 30%

Wednesday 27 July 2016 | 08:47 CET | News
Radisys reported second-quarter revenue of USD 61.3 million, up 30 percent year-on-year and in line with its outlook. The company increased revenue and gross margins from both Software-Systems and Embedded Products. Its net loss narrowed to USD 0.6 million or USD 0.02 per share, an improvement of 9 cents year-on-year. Adjusted EPS rose to USD 0.10 from USD 0.03 a year ago, better than expected. For the third quarter, Radisys forecast sales of USD 48-52 million and an adjusted net loss of USD 0.06-0.10 per share.

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Categories: Fixed
Companies: RadiSys
Countries: World
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