TEL AVIV, April 4, 2012 - 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.
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