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RadiSys to Announce First-Quarter Results


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April 16, 2010

RadiSys to Announce First-Quarter Results

By David Sims, TMCnet Contributing Editor

RadiSys (News - Alert) Corporation, a vendor of hardware and software platforms for next generation IP-based wireless, wireline and video networks, will announce results for the first quarter of 2010 at 4:05 p.m. ET on Tuesday, April 27, 2010.

Following the release, Scott Grout, CEO, and Brian Bronson, Chief Financial Officer, will host a conference call at 5:00 to discuss the company's results, along with business highlights and the outlook.

To participate in the live conference call, dial (888) 333-0027 in the United States and Canada or (706) 634-4990 for all other countries and reference conference ID# 67989520.

Calling the fourth quarter of 2009 a "strong finish" to a busy year, Scott Grout, RadiSys president and CEO, reported next-generation communications revenues "up more than 30 percent sequentially - paving the way for an even stronger 2010," TMCnet reported.

"We delivered better than expected gross margins, earnings and cash flow, which put our year ending cash balance at $101 million," Grout said during an earnings call Feb. 2, TMCnet reported. "We have grown our Next Generation Communications revenue, which has blended gross margins between 40 and 50 percent, from $36 million in 2007 to over $100 million this past year."

The Hillsboro, Ore.-based provider of application-ready software and hardware platforms for use in the communications, multimedia, defense and medical markets reported revenues of $78.1 million, down 11.9 percent from the same quarter in the prior year due to the continued decline in the company's lower-margin legacy products, TMCnet reported.

Next-generation revenues were up 31.5 percent sequentially and were 7.3 percent higher compared with same quarter in the prior year.

The live conference call will also be available via webcast on the RadiSys investor relations website at A replay of the conference call will be available two hours after the call is complete until 11:59 p.m. ET on Tuesday, May 11, 2010.

To access the replay, dial (800) 642-1687 in the U.S. and Canada or (706) 645-9291 for all other countries with conference ID# 67989520.

David Sims is a contributing editor for TMCnet. To read more of David's articles, please visit his columnist page. He also blogs for TMCnet here.

Edited by Marisa Torrieri

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