RADVISION Ltd. (RVSN) Surpasses Q3 Revenue Expectations, Posts Q4 Forecast
RADVISION Ltd., a leading provider of video and wireless communications solutions, recently posted its third quarter 2010 financial results, exceeding previous company forecasts. “Our third-quarter results were better-than-expected due to the very strong performance of our Video Business Unit. Our VBU revenues grew 32 percent over the third quarter of 2009, more than overcoming the as-expected 21 percent step-down in revenues from Cisco,” Boaz Raviv, CEO of RADVISION stated in the press release. “Driving our VBU growth was the continued market success of our SCOPIA infrastructure platform, which we continue to advance, combined with our successful introduction of endpoints at…