Brokerages predict that RadiSys Co. (NASDAQ:RSYS) will announce $31.14 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for RadiSys’ earnings, with the lowest sales estimate coming in at $30.27 million and the highest estimate coming in at $32.00 million. RadiSys reported sales of $40.56 million during the same quarter last year, which indicates a negative year over year growth rate of 23.2%. The firm is expected to report its next earnings report after the market closes on Wednesday, February 7th.

On average, analysts expect that RadiSys will report full-year sales of $31.14 million for the current fiscal year, with estimates ranging from $131.50 million to $133.50 million. For the next year, analysts expect that the business will report sales of $95.72 million per share, with estimates ranging from $90.50 million to $105.00 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that cover RadiSys.

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

A number of equities analysts have recently weighed in on the stock. ValuEngine raised shares of RadiSys from a “strong sell” rating to a “sell” rating in a research report on Friday. Zacks Investment Research lowered shares of RadiSys from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 10th. Finally, Roth Capital reissued a “buy” rating on shares of RadiSys in a research report on Monday, December 4th. Two research analysts have rated the stock with a sell rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $3.60.

A number of hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its position in RadiSys by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock worth $5,785,000 after purchasing an additional 49,835 shares during the last quarter. State Street Corp increased its position in shares of RadiSys by 10.1% in the second quarter. State Street Corp now owns 517,315 shares of the technology company’s stock worth $1,946,000 after acquiring an additional 47,538 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of RadiSys by 19.6% in the second quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock worth $585,000 after acquiring an additional 25,495 shares in the last quarter. Moors & Cabot Inc. increased its position in shares of RadiSys by 0.4% in the second quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock worth $183,000 after acquiring an additional 200 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of RadiSys by 26.3% in the second quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock worth $155,000 after acquiring an additional 8,575 shares in the last quarter. 57.19% of the stock is owned by hedge funds and other institutional investors.

RadiSys (NASDAQ RSYS) traded down $0.02 during trading hours on Monday, hitting $0.82. 709,550 shares of the stock were exchanged, compared to its average volume of 1,000,152. The firm has a market capitalization of $32.85, a price-to-earnings ratio of -0.86 and a beta of 0.79. RadiSys has a twelve month low of $0.63 and a twelve month high of $4.42.

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RadiSys Company Profile

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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