Analysts expect RadiSys Corporation (NASDAQ:RSYS) to announce $30.61 million in sales for the current quarter, Zacks reports. Three analysts have made estimates for RadiSys Corporation’s earnings. The lowest sales estimate is $30.00 million and the highest is $31.57 million. RadiSys Corporation reported sales of $40.56 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 24.5%. The company is expected to issue its next earnings report on Thursday, February 8th.

On average, analysts expect that RadiSys Corporation will report full year sales of $30.61 million for the current financial 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’ sales averages are a mean average based on a survey of sell-side analysts that cover RadiSys Corporation.

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

Several research analysts recently commented on the stock. Zacks Investment Research raised shares of RadiSys Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $3.00 price target on shares of RadiSys Corporation in a research note on Sunday, September 10th. DA Davidson reaffirmed a “buy” rating and issued a $3.50 price target on shares of RadiSys Corporation in a research note on Friday, September 8th. ValuEngine downgraded shares of RadiSys Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $2.50 price target (down previously from $4.50) on shares of RadiSys Corporation in a research note on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. RadiSys Corporation currently has an average rating of “Buy” and an average price target of $3.60.

RadiSys Corporation (NASDAQ:RSYS) traded down $0.06 during mid-day trading on Tuesday, reaching $0.81. 451,800 shares of the company traded hands, compared to its average volume of 293,886. RadiSys Corporation has a 52 week low of $0.63 and a 52 week high of $5.26.

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A number of hedge funds and other institutional investors have recently bought and sold shares of RSYS. Geode Capital Management LLC increased its position in RadiSys Corporation by 3.9% during the 1st quarter. Geode Capital Management LLC now owns 254,652 shares of the technology company’s stock valued at $1,018,000 after purchasing an additional 9,654 shares during the period. Dimensional Fund Advisors LP increased its position in RadiSys Corporation by 1.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,488,774 shares of the technology company’s stock valued at $5,955,000 after purchasing an additional 19,511 shares during the period. Rhumbline Advisers increased its position in RadiSys Corporation by 26.3% during the 2nd quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock valued at $155,000 after purchasing an additional 8,575 shares during the period. Bank of New York Mellon Corp increased its position in RadiSys Corporation by 19.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock valued at $585,000 after purchasing an additional 25,495 shares during the period. Finally, Cadence Capital Management LLC increased its position in RadiSys Corporation by 5.8% during the 2nd quarter. Cadence Capital Management LLC now owns 144,193 shares of the technology company’s stock valued at $542,000 after purchasing an additional 7,858 shares during the period. 49.21% of the stock is currently owned by institutional investors and hedge funds.

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

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