Radisys Corp (RSYS) Misses Q4 EPS by 5c

Radisys Corp (NASDAQ: RSYS) reported Q4 EPS of $0.01, $0.05 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $48.2 million versus the consensus estimate of $50.1 million.

Radisys Corp sees Q1 2015 EPS of ($0.04)-$0.06, versus the consensus of $0.01. Radisys Corp sees Q1 2015 revenue of $44-50 million, versus the consensus of $47.7 million.

Commenting on fourth quarter financial and business highlights, Brian Bronson, Radisys President and Chief Executive Officer stated, “Our fourth quarter financial and operational performance continues to set the stage for the acceleration of our strategy in 2015; specifically:

• We announced the TDE-1000, our first in a suite of products that will leverage our innovative FlowEngine software and is targeted at the communication and content provider traffic management market. The TDE-1000 enables wire-speed packet classification and load balancing in support of efficient Network Function Virtualized network deployments.
  • During Q4, we delivered our first FlowEngine product to a large North American carrier.
• We have over 30 MediaEngine trials in support of both Voice over LTE (VoLTE) and WebRTC deployments that leverage our media processing platform. These trials continue to progress well with certain customers preparing for 2015 network deployments.
  • We formally announced our relationship with Nokia Networks whereby Nokia’s OpenTAS will exclusively utilize our MediaEngine product line.

For earnings history and earnings-related data on Radisys Corp (RSYS) click here.

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