The signal was received on May 15, 2015, 18:01:15.65 (sidereal time), at a wavelength of 2.7 cm. The estimated amplitude of the signal is 750 mJy.
No one is claiming that this is the work of an extraterrestrial civilization, but it is certainly worth further study. Working out the strength of the signal, the researchers say that if it came from an isotropic beacon, it would be of a power possible only for a Kardashev Type II civilization. If it were a narrow beam signal focused on our Solar System, it would be of a power available to a Kardashev Type I civilization. The possibility of noise of one form or another cannot be ruled out, and researchers in Paris led by Jean Schneider are considering the possible microlensing of a background source by HD164595. But the signal is provocative enough that the RATAN-600 researchers are calling for permanent monitoring of this target.
It is going to be interesting to see how this gets spun in the media. However skeptical I am, I look forward to the results of further examination.