View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
October 26, 2010

RadiSys reports 7% growth in Q3 net revenue

Expects revenue to be between $68m and $72m for Q4 2010

By CBR Staff Writer

RadiSys, a provider of hardware and software platforms for IP-based wireless, wireline and video networks, has reported net revenues of $75.2m for the third quarter of 2010, an increase of 7% compared to $70.4m for the same period last year.

The company posted an operating income of $1.75m for the third quarter of fiscal 2010, compared to an operating loss of $1.1m for the same period last year.

For the quarter ended 30 September 2010, the company reported a net income of $2.2m, compared to a net loss of $0.83m for the same period a year ago.

Diluted earnings per share was $0.09, compared to a loss on EPS by $0.04 for the corresponding period last year.

Geographically, North America net revenue was $25m, which accounted for 33% of the total revenue, an increase of three percentage points from a year ago quarter.

Europe region accounted for 28% of net revenue with $21m, while Asia Pacific region accounted for 39% with $29m net revenue.

Content from our partners
The growing cybersecurity threats facing retailers
Cloud-based solutions will be key to rebuilding supply chains after global stress and disruption
How to integrate security into IT operations

RadiSys president and CEO Scott Grout said in the quarter, the company announced their new LTE Security Gateway product targeted at providing carrier-grade security offerings for new all-IP wireless networks.

"The LTE SEG is built upon their ATCA platform and provides five times the performance of existing enterprise-focused offerings," Grout said.

For fourth quarter 2010, the company expects revenue to be between $68m and $72m.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU