RadiSys Sees Q4 EPS of $0.01 to $(0.02)

RadiSys Corporation RSYS today announced that it anticipates its revenue and earnings for the fourth quarter ending December 31, 2010 to be lower than its previously stated guidance. Fourth quarter revenue is now expected to be between $62 and $64 million, down from the previous guidance of $68 to $72 million. The Company expects a GAAP fourth quarter net loss of between $0.15 and $0.20 per share, down from the prior guidance of breakeven to net income of $0.05 per diluted share. Non-GAAP fourth quarter results are expected to be between net income of $0.01 per diluted share and a net loss of $0.02 per share, down from the prior guidance of net income of $0.12 to $0.17 per diluted share. GAAP expectations per share assume an effective tax rate of 10% and non-GAAP expectations per share assume an effective tax rate of 40%.