Radisys Reports Impressive Preliminary Q1 Results

April 14, 2015 • Analysis, Free • Tags: ,

Radisys (RSYS) shareholders can breathe a sigh of relief after the company announced preliminary first quarter results that came in on the high end of prior guidance. RSYS stock fell below $2.00/share in the last week (a ~6% drop) after Mavenir, a 4G LTE software service providing peer, lowered Q1 preliminary guidance across the board.

Preliminary Surprise

Radisys revenues came in at the high end of the guidance, up over 10% from Q1 2014, driven by the 20%+ growth in software-systems segment. This is a very bullish sign as transition into software is showing good initial sales traction. Additionally, management guided that software systems would grow by 10% - 20% in 2015 and north of 20% in 2016 and beyond. Having initial numbers come in at the high end of the guidance range fur...

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