Wall Street analysts expect that RadiSys Corporation (NASDAQ:RSYS) will report sales of $30.61 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for RadiSys Corporation’s earnings, with the highest sales estimate coming in at $31.57 million and the lowest estimate coming in at $30.00 million. RadiSys Corporation reported sales of $40.56 million in the same quarter last year, which suggests a negative year over year growth rate of 24.5%. The business is scheduled to report its next quarterly earnings results on Thursday, February 8th.

According to Zacks, analysts expect that RadiSys Corporation will report full year sales of $30.61 million for the current year, with estimates ranging from $131.50 million to $133.04 million. For the next financial year, analysts expect that the business will post sales of $100.13 million per share, with estimates ranging from $96.33 million to $105.00 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow RadiSys Corporation.

RadiSys Corporation (NASDAQ:RSYS) last released its quarterly earnings results on Tuesday, November 7th. The technology company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.16). RadiSys Corporation had a negative return on equity of 47.11% and a negative net margin of 26.07%. The firm had revenue of $28.80 million for the quarter, compared to analysts’ expectations of $28.11 million. During the same period last year, the firm earned $0.07 EPS. The business’s quarterly revenue was down 48.0% on a year-over-year basis.

RSYS has been the subject of several research analyst reports. ValuEngine downgraded shares of RadiSys Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of RadiSys Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. Needham & Company LLC reissued a “buy” rating and issued a $2.50 target price (down previously from $4.50) on shares of RadiSys Corporation in a research report on Tuesday, August 8th. Jefferies Group LLC reissued a “buy” rating and issued a $3.00 target price (down previously from $6.25) on shares of RadiSys Corporation in a research report on Wednesday, August 2nd. Finally, Lake Street Capital reissued a “buy” rating and issued a $3.00 target price (down previously from $4.50) on shares of RadiSys Corporation in a research report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $3.60.

Several large investors have recently made changes to their positions in the stock. Paradigm Capital Management Inc. NY grew its position in shares of RadiSys Corporation by 24.4% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 2,940,445 shares of the technology company’s stock valued at $11,056,000 after buying an additional 577,132 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of RadiSys Corporation by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock valued at $5,785,000 after buying an additional 49,835 shares during the last quarter. Royce & Associates LP grew its position in shares of RadiSys Corporation by 0.7% during the 2nd quarter. Royce & Associates LP now owns 763,157 shares of the technology company’s stock valued at $2,869,000 after buying an additional 5,000 shares during the last quarter. State Street Corp grew its position in shares of RadiSys Corporation by 10.1% during the 2nd quarter. State Street Corp now owns 517,315 shares of the technology company’s stock valued at $1,946,000 after buying an additional 47,538 shares during the last quarter. Finally, S Squared Technology LLC grew its position in shares of RadiSys Corporation by 34.7% during the 2nd quarter. S Squared Technology LLC now owns 413,402 shares of the technology company’s stock valued at $1,554,000 after buying an additional 106,500 shares during the last quarter. 49.21% of the stock is owned by institutional investors and hedge funds.

RadiSys Corporation (NASDAQ:RSYS) traded up $0.02 during trading on Tuesday, reaching $0.80. 135,161 shares of the company traded hands, compared to its average volume of 295,406. RadiSys Corporation has a 12-month low of $0.63 and a 12-month high of $5.26.

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About RadiSys Corporation

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.

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Earnings History and Estimates for RadiSys Corporation (NASDAQ:RSYS)

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