Radisys Corp (RSYS) Guides Q4 Above the Street
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Radisys Announces Preliminary Fourth Quarter Revenue at High End of Guidance Range
January 12, 2016 7:00 AM ESTHILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), the services acceleration company, today reported preliminary results for its fourth quarter ended December 31, 2015. The Company expects fourth quarter revenue to be approximately $44 million and non-GAAP earnings of approximately $0.08 per diluted share. This compares to the Companys original guidance provided on October 27, 2015 of revenue between $40 million to $44 million and non-GAAP earnings of $0.04 to $0.10 per diluted share. The preliminary results reflect Software-Systems revenue growth of nearly 50% and 35% year-on-year for the fourth quarter and fiscal 2015, respectively.
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