New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 14, 2013
16:08 EDTRSYSRadiSys 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."
News For RSYS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 26, 2015
18:02 EDTRSYSRadiSys receives $11M follow-on order from Asian carrier
Subscribe for More Information
May 19, 2015
05:17 EDTRSYSRadiSys enters partnership with WIT Software
Radisys and WIT Software announced that they have partnered to deliver a deployment-ready solution that will enable mobile operators to roll out VoLTE, Rich Communications Services, or RCS, and WebRTC to their customers. The joint solution integrates WIT Software’s RCS and WebRTC application server platforms with Radisys’ MediaEngine portfolio of MRF products. The combined offering supports transcoding for web to native VoLTE voice and video calling, and is currently undergoing trial deployments with tier-one mobile operators in Asia. WebRTC and RCS are two new technologies that are enabling communication service providers worldwide to deliver new services and revenue streams, while combating the growing threat of OTT alternatives. According to ABI Research, there will be 4.7B mobile WebRTC devices by 2018. Similarly, MarketsandMarkets forecasts the global RCS market to grow from $596.3M in 2013 to $5.75B in 2019.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use