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News Breaks | | | | January 14, 2013 | | 16:08 EDT |  | RSYS | RadiSys sees Q4 EPS positive vs. previous outlook (6c)
The consensus EPS estimate is (3c). The company expects Q4 revenue near the high end of the guidance range provided on October 30, 2012. RadiSys said, "A strong finish to the year in our software and solutions business along with continued operational focus enabled us to return to profitability more quickly than originally expected. Additionally, we generated positive cash flow in the fourth quarter and have adequate liquidity to retire the $16.9 million of convertible debt coming due in February 2013. We will set a specific earnings release and conference call date over the next month. I look forward to sharing the full results for the quarter, go forward guidance, and an update on the strategic objectives we outlined in October at that time." | |
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