Radisys Upgrades its x86 Product Portfolio for SDN and NFV Applications with Support for Intel Xeon E5 2600 v3 Series Processor
Sep 8 14
Radisys Corporation announced its support for Intel Xeon E5 2600 v3 series processor technology to meet performance demands for processor-intensive Software Defined Networking (SDN) and Network Functions Virtualization (NFV) applications. Radisys is delivering performance upgrades across its broad x86 product portfolio, enabling its Telecom Equipment Manufacturer (TEM) customers to maintain their performance leadership in the market. The new standards-based ATCA-4700 blade for T-Series Ultra and Pro and the latest T-Series Compact Rackmount Server are all based on the Intel Xeon E5 2600 v3 series processor, delivering high performance and greater processing power with telco-grade reliability. Radisys also delivers comprehensive Intel Data Plane Developer Kit (Intel DPDK) optimizations and support across its x86 product line to ensure customers get the best performance possible. Mobile traffic, driven by mobile video and the pervasiveness of smartphones and tablets, is continuing to explode on mobile operators' networks. Mobile operators are seeking to deploy SDN and NFV infrastructure to take advantage of the benefits of cloud technology proven in the enterprise space, but more processing power is required when network functions move to software modules. Additionally, due to the growing trend of bandwidth-hungry mobile applications, a carrier-scale deployment of SDN and NFV will require platforms that can process hundreds of millions of data plane flows simultaneously, across thousands of Virtualized Network Functions (VNFs). Radisys has invested in upgrading to Intel's next generation silicon to address these issues and to help mobile operators reduce costs, while accelerating time-to-market for VNF application developers. Radisys' x86 product portfolio, spanning across bladed ATCA systems and rackmount servers, comes with consistent platform management software in Radisys' T-series product line. In addition, Radisys brings solutions and expertise in LTE, Deep Packet Inspection (DPI) and security to its broad range of applications. The combination of telecom-grade performance and a broad product portfolio optimized with Intel DPDK allows TEMs to focus resources on rapid innovation in the virtualized application arena. ATCA-4700: The new Radisys' ATCA-4700 is the next-generation x86 ATCA compute blade based on the Intel Xeon E5 2600 v3 series processors that is ideal for high performance data plane telecommunications and deep packet inspection (DPI) applications. With a line rate performance of 40 Gbps, the ATCA-4700 provides a lower cost, faster time-to-market data plane processing solution when compared to alternative virtualized computing platforms. T-Series Compact Rackmount Server: Radisys' T-Series Compact Rackmount Server is ideal for network monitoring, DPI, policy, security, SBC and video optimization solutions in a cost-effective, carrier-grade 2U platform. The latest T-Series Compact now offers dual E5 2600 v3 series processors for performance. CEQM87 COM Express Module: Radisys has also been shipping in volume quantities the low power mobile version of the fourth generation Intel Core architecture on its CEQM87 Type 6 COM Express module. The module is available in a 95mm x 95mm compact size, ideal for compute intensive applications that require high levels of processing performance in a small space.
Radisys Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year of 2014
Aug 5 14
RadiSys Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $49,964,000 against $65,438,000 a year ago. Loss from operations was $7,429,000 against $3,273,000 a year ago. Loss before income tax expense was $7,617,000 against $3,328,000 a year ago. Net loss was $8,211,000 or $0.23 per share diluted against $4,112,000 or $0.14 per share a year ago. Net cash used in operating activities was $2,118,000 against net cash provided by operating activities was $4,183,000 a year ago. Capital expenditures were $599,000 against $1,679,000 a year ago. Non-GAAP loss from operations was $1,839,000 against income from operations of $1,158,000 a year ago. Non-GAAP net loss was $2,502,000 or $0.07 diluted per share against net income of $759,000 or $0.03 per share a year ago.
For the six months, the company reported revenues of $93,763,000 against $133,616,000 a year ago. Loss from operations was $16,893,000 against $8,823,000 a year ago. Loss before income tax expense was $17,189,000 against $9,063,000 a year ago. Net loss was $18,645,000 or $0.57 per share diluted against $10,669,000 or $0.37 per share a year ago. Net cash used in operating activities was $5,322,000 against net cash provided by operating activities was $5,100,000 a year ago. Capital expenditures were $1,277,000 against $3,378,000 a year ago. Non-GAAP loss from operations was $5,531,000 against income from operations of $1,498,000 a year ago. Non-GAAP net loss was $6,687,000 or $0.20 diluted per share against net income of $625,000 or $0.02 per share a year ago.
For the third quarter, the company expects revenue is expected between $48 million and $54 million with Software-Solutions revenue expected to increase sequentially by 10% to 15%. Non-GAAP gross margin in the third quarter is expected between 33% and 35% of sales and non-GAAP R&D and SG&A expenses are expected to approximate $16 million. Third quarter non-GAAP earnings are expected to range from a net loss of $0.03 to a profit of $0.09 per share and cash generation is expected to be approximately $2 million.
For the year, the company expects revenue is expected between $190 million and $200 million. Non-GAAP gross margins are expected to exit 2014 in the mid to high-30's due to expected growth in high margin Software-Solutions revenue combined with the completed contract manufacturing transition which is expected to add approximately three gross margin points when complete in the fall of 2014. Overall 2014 non-GAAP EPS is expected to approximate a $0.10 loss implying an annualized fourth quarter exit rate of approximately $0.30. The fourth quarter 2014 exit-rate may not be indicative of 2015 profitability as continue to evaluate investment levels required to meet next generation product deliverables.
Iridium Communications Inc. Selects RadiSys Corporation's T-Series Platform for its Next Generation Ground Station Infrastructure
Jul 30 14
Radisys(R) Corporation announced that Iridium Communications Inc. is to use Radisys' T-Series commercial off-the-shelf (COTS) platforms to upgrade its ground station infrastructure associated with its next generation global satellite constellation -- Iridium NEXT. Iridium NEXT, scheduled to begin launching in 2015, will deliver more bandwidth and higher data speeds to serve the rapidly expanding demand for truly global mobile communications. In preparation for the launch of Iridium NEXT, the ground station upgrade is recently complete across six global ground stations and the gateway infrastructure. To manage and maintain the Iridium NEXT satellite constellation and reliably run the numerous operational support software applications required, Iridium needed a long-life COTS applications platform that could deliver high availability and increased throughput. Radisys' T-Series platforms were selected as they delivered a package which satisfied all of these requirements. This selection also supports Iridium's initiative to streamline the common platform for both ground systems and services infrastructure, making its entire mission network highly available and easily scalable. The Radisys T-Series platform is based on an open standards-based ATCA platform architecture that utilizes merchant silicon and open source software. The T-Series platform is designed to be in service for a minimum of seven years. Radisys designed the T-Series to be modular and scalable, so it can be utilized as a base platform for a number of applications. Iridium will be able to take advantage of deploying up to five different applications on the Radisys T-Series platform. Finally, high availability is achieved through T-Series hardware-level redundancy features, with design features supporting plug-in hardware and software upgrades while equipment is in-service.