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Article: RADVISION Reports Better Than Expected Third Quarter 2009 Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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RADVISION[R] (Nasdaq: RVSN) reported that revenues for the third quarter of 2009 were $20.4 million compared with revenues of $21.6 million in the third quarter of 2008.
Operating income for third quarter of 2009 was $1.4 million compared with an operating loss of $4.3 million in the third quarter of 2008. On a non-GAAP basis, operating income was $2.5 million in the third quarter of 2009 compared with an operating loss of $2.6 million in third quarter of 2008, excluding the effects of stock-based compensation expense in accordance with SFAS 123R in both periods.
Net income for the third quarter of 2009 was $1.2 million, or $0.06 per diluted share, ...