Radisys Reports Second Quarter 2017 Results
RADISYS (RSYS)
Last radisys earnings: 11/8 04:05 pm
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US:NASDAQ Investor Relations:
radisys.com/investor-relations
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Source: Business Wire
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 Company’s 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 commercial program award. Additionally, TDE-2000 is already in five active proof-of-concepts and trials; and Converted initial CORD lab system order from a new Tier 1 U.S. service provider while also being named the systems integrator by a Southern European se
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