Radisys Corp (RSYS) reported a profit for fourth quarter that fell from last year.
The company said its profit totaled $1.61 million, or $0.04 per share. This was down from $2.83 million, or $0.08 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.04 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 8.0% to $40.56 million. This was down from $44.08 million last year.
Radisys Corp earnings at a glance:
-Earnings (Q4): $1.61 Mln. vs. $2.83 Mln. last year.-Earnings Decline (Y-o-Y): -43.1%-EPS (Q4): $0.04 vs. $0.08 last year.-EPS Decline (Y-o-Y): -50.0%-Analysts Estimate: $0.04-Revenue (Q4): $40.56 Mln vs. $44.08 Mln last year.-Revenue Change (Y-o-Y): -8.0%
-Guidance:Next quarter EPS guidance: $0.16 - $0.10Next quarter revenue guidance: $37- $41 Mln
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