Radisys Sees Preliminary Q4 Revenue at High End of Guidance

Radisys reported preliminary results for its Q4 2015, saying it now expects revenue to be approximately $44 million and non-GAAP earnings of approximately $0.08 per diluted share -- at the high end of the company's previous guidance.

“We continue to build momentum across all of our product lines as customers look to Radisys to solve implementation challenges for next-generation communications networks, including VoLTE and the key building blocks for Software-Defined Networks,” commented Brian Bronson, Radisys President and Chief Executive Officer. “Our performance during the quarter enabled us to exceed the full year revenue and earnings expectations that we set at the beginning of 2015, while also supporting incremental investments in key growth product lines to set the stage for growth in 2016 and beyond.”

http://www.radisys.com