TEL AVIV, Israel--(BUSINESS WIRE)--
RADVISION (Nasdaq: RVSN), a leading technology and end-to-end
solution provider for unified visual communications, announced
today that it will report financial results for the first quarter of
2012 on Monday, May 14, 2012. The press release will be issued at
approximately 8:00 a.m. (Eastern). There will be no conference call.
The Company noted that it expects to report revenues and non-GAAP net
loss per share for the first quarter of 2012 approximately in line with
its previous guidance of $17 million and $0.37 per diluted share,
respectively. However, it now expects the GAAP net loss per diluted
share to be $0.47 to $0.49 due to the recognition of expenses related to
its recently announced merger agreement with Avaya. On February 8th,
the Company forecasted a GAAP net loss of $0.41 per diluted share for
the first quarter.
About RADVISION
Founded in 1992, RADVISION (Nasdaq: RVSN) is a leading provider of video
conferencing and telepresence technologies over IP and wireless
networks. RADVISION teams with its channel and service provider partners
to offer end-to-end visual communications that help businesses
collaborate more efficiently. RADVISION propels the unified
communications evolution forward with unique technologies that harness
the power of video, voice, and data over any network. Visit www.radvision.com,
our blog,
and follow us on Facebook,
LinkedIn,
Twitter,
and YouTube.
This press release contains forward-looking statements that are
subject to risks and uncertainties. Factors that could cause actual
results to differ materially from these forward-looking statements
include, but are not limited to general business conditions in the
industry, changes in demand for products, the timing and amount or
cancellation of orders and other risks detailed from time to time in
RADVISION's filings with the Securities Exchange Commission, including
RADVISION's Form 20-F Annual Report. These documents contain and
identify other important factors that could cause actual results to
differ materially from those contained in our projections or
forward-looking statements. Stockholders and other readers are cautioned
not to place undue reliance on these forward-looking statements, which
speak only as of the date on which they are made. We undertake no
obligation to update publicly or revise any forward-looking statement.
