Somewhat Positive News Coverage Somewhat Unlikely to Impact RadiSys (RSYS) Stock Price
News coverage about RadiSys (NASDAQ:RSYS) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RadiSys earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 45.5201680914629 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of RadiSys (NASDAQ:RSYS) traded down $0.08 during trading on Wednesday, hitting $0.86. 1,136,500 shares of the company traded hands, compared to its average volume of 438,577. RadiSys has a 52 week low of $0.63 and a 52 week high of $5.26.
RadiSys (NASDAQ:RSYS) last issued 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). The business had revenue of $28.80 million during the quarter, compared to the consensus estimate of $28.11 million. RadiSys had a negative return on equity of 47.11% and a negative net margin of 26.07%. The firm’s revenue was down 48.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.07 earnings per share. analysts anticipate that RadiSys will post -0.59 earnings per share for the current year.
COPYRIGHT VIOLATION NOTICE: This news story was posted by Watch List News and is owned by of Watch List News. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US & international trademark and copyright law. The legal version of this news story can be accessed at https://www.watchlistnews.com/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-radisys-rsys-stock-price/1774898.html.
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.
Receive News & Ratings for RadiSys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RadiSys and related companies with MarketBeat.com's FREE daily email newsletter.