RadiSys sees Q1 revenue approx. $25.5M, exceeding prior $22M-$24M view
Consensus is $22.51M. The company also expects adjusted EPS to be within the prior guidance range of (12c)-(8c) per share, consensus (11c). "Our preliminary first quarter results reflect better than anticipated orders, primarily in our Hardware Solutions segment, with Software-Systems in-line with our expectations," said Brian Bronson, Radisys president and CEO. "Importantly, we remain on track to return to non-GAAP profitability in the second half of this year, as we benefit from our recently implemented cost-reduction initiatives and Software-Systems increasingly becomes a greater portion of total revenue. We look forward to sharing more details in our upcoming first quarter earnings conference call."