Key Developments For RadiSys Corporation
RadiSys Corporation (RSYS.O) (Nasdaq)
RadiSys Corp. Issues Q4 2009 Guidance In Line With Analysts' Estimates
RadiSys Corp. announced that for the fourth quarter of 2009, it expects revenue to be between $72 and $78 million and is expected to increase sequentially from the third quarter 2009 due to increased demand for the Company's communications products. Fourth quarter 2009 GAAP results are expected to be between a net loss of $0.07 per share and net income $0.01 per diluted share. Fourth quarter non-GAAP earnings per share (EPS) is expected to be between $0.10 and $0.16. According to Reuters Estimates, analysts were expecting the Company to report revenue of $74 million and EPS of $0.10 for the fourth quarter of 2009.
RadiSys Corp. Issues Q3 2009 Guidance Below Analysts' Estimates
RadiSys Corp. announced that for third quarter of 2009, it expects revenue to be between $67-$73 million, GAAP results to be between a net loss of $0.15-$0.09 per share and non-GAAP EPS to be between $0.02-$0.08. Both GAAP and non-GAAP expectations assume an effective tax rate of 10%. According to Reuters Estimates, analysts were expecting the Company to report revenues of $78 million and EPS of $0.16 for the same period.
RadiSys Corp. And LCR Electronics Collaborate To Deliver Ruggedized ATCA Solutions
RadiSys Corp. and LCR Electronics, Inc. announced a collaboration to deliver ruggedized AdvancedTCA (ATCA) platform solutions to the military, aerospace and government (MAG) market segments. Ruggedized ATCA standards-based solutions provide both reliability and high performance under extreme conditions. RadiSys and LCR Electronics enable MAG customers to leverage a ruggedized ATCA platform for command and control as well as network appliance solutions that require high bandwidth and high performance in aircraft, ships and ground mobile equipment.
RadiSys Corp. Issues Q2 2009 Guidance
RadiSys Corp. announced that for the second quarter of 2009, it expects revenue to be between $72 and $78 million, GAAP results to be between a net loss of $0.08 and $0.01 per share and non-GAAP earnings per share (EPS) to be between $0.08 and $0.14.
RadiSys Corp. and Cavium Networks, Inc. Collaborate to Deliver OCTEON II Based Packet Processing Innovation
RadiSys Corp. and Cavium Networks, Inc. announced their collaboration to deliver OCTEON II based AdvancedTCA solutions to mutual Telecom Equipment Manufacturers (TEMs). RadiSys was among the first companies to deliver solutions based on Cavium`s first generation OCTEON Multicore MIPS64 processors. RadiSys ATCA and AMC products are being deployed with a broad range of 3G and 4G applications ranging from Security Gateways and lawful intercept to ASN & SAE Gateways.
