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Stock impact report

Radisys Reports Third Quarter 2017 Results

RADISYS (RSYS) 
Last radisys earnings: 11/8 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: radisys.com/investor-relations
Company Research Source: Business Wire
HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced financial results for the third quarter ended September 30, 2017. Third Quarter Summary Consolidated revenue of $28.8 million, above the midpoint of the Company’s prior guidance range of $26 to $30 million; GAAP loss per share was $0.39, and non-GAAP loss per share was $0.28. Included in both GAAP and non-GAAP loss per share was an expected inventory charge of approximately $7.0 million associated largely with legacy embedded products, which increased the loss by $0.18 per share; Awarded first commercial win for FlowEngine TDE-2000 with a strategic channel partner for initial deployment with a European service provider beginning in the fourth quarter; Secured two new Tier 1 service provider wins in the U.S. Show less Read more
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