RadiSys (NASDAQ:RSYS) will release its earnings data after the market closes on Wednesday, February 7th. Analysts expect RadiSys to post earnings of ($0.06) per share for the quarter.
RadiSys (NASDAQ:RSYS) last issued its quarterly earnings data on Tuesday, November 7th. The technology company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.16). The company had revenue of $28.80 million for the quarter, compared to analyst estimates of $28.11 million. RadiSys had a negative return on equity of 47.11% and a negative net margin of 26.07%. The company’s revenue was down 48.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.07 earnings per share. On average, analysts expect RadiSys to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
RadiSys (RSYS) opened at $0.95 on Wednesday. The firm has a market cap of $37.39, a price-to-earnings ratio of -1.01 and a beta of 1.20. RadiSys has a 12-month low of $0.63 and a 12-month high of $4.49.
A number of research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of RadiSys from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 10th. Roth Capital reaffirmed 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 company. The stock currently has an average rating of “Hold” and an average target price of $3.60.
An institutional investor recently raised its position in RadiSys stock. State Street Corp boosted its holdings in RadiSys Co. (NASDAQ:RSYS) by 10.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 517,315 shares of the technology company’s stock after purchasing an additional 47,538 shares during the period. State Street Corp owned about 1.32% of RadiSys worth $1,946,000 as of its most recent filing with the Securities and Exchange Commission. 57.19% of the stock is owned by institutional investors.
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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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