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Radisys guides for higher Q2 after in-line Q1

Wednesday 3 May 2017 | 10:31 CET | News

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Radisys reported first quarter revenues within guidance at USD 37.6 million, with the net loss amounting to USD 10.0 million or USD 0.26 per share and the adjusted net loss going to USD 0.14 per share. The results were off from the year before, when revenues were reported at USD 40.6 million, the net loss at USD 3.0 million or USD 0.08 per share and the adjusted net loss per share at USD 0.14. CEO Brian Bronson said the figure reflects the expected decline in the company's legacy embedded product line, combined with the variability in timing of certain orders. Bronson said the net loss was

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Categories: Fixed
Companies: RadiSys
Countries: World
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