Analysts expect RadiSys Co. (NASDAQ:RSYS) to post sales of $22.51 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for RadiSys’ earnings, with the highest sales estimate coming in at $23.20 million and the lowest estimate coming in at $22.00 million. RadiSys posted sales of $37.61 million during the same quarter last year, which suggests a negative year over year growth rate of 40.1%. The company is expected to announce its next earnings results on Tuesday, May 1st.

On average, analysts expect that RadiSys will report full-year sales of $22.51 million for the current year, with estimates ranging from $85.00 million to $90.30 million. For the next fiscal year, analysts expect that the firm will post sales of $98.75 million per share, with estimates ranging from $95.00 million to $102.50 million. Zacks’ sales calculations are an average based on a survey of sell-side research firms that follow RadiSys.

RadiSys (NASDAQ:RSYS) last posted its earnings results on Wednesday, February 7th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.05. The firm had revenue of $32.30 million for the quarter, compared to the consensus estimate of $31.09 million. RadiSys had a negative return on equity of 56.68% and a negative net margin of 39.33%. The business’s quarterly revenue was down 20.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.04 earnings per share.

Several research firms have issued reports on RSYS. DA Davidson restated a “buy” rating on shares of RadiSys in a research report on Thursday, February 8th. ValuEngine upgraded RadiSys from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd. Zacks Investment Research downgraded RadiSys from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 10th. Finally, Roth Capital restated 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 issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $3.60.

Shares of RadiSys (NASDAQ:RSYS) opened at $0.85 on Thursday. The stock has a market capitalization of $33.07, a price-to-earnings ratio of -0.63 and a beta of 0.79. RadiSys has a 12-month low of $0.63 and a 12-month high of $4.39.

Institutional investors have recently added to or reduced their stakes in the company. Rhumbline Advisers increased its holdings 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 purchasing an additional 8,575 shares during the period. Bank of New York Mellon Corp increased its holdings 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 purchasing an additional 25,495 shares during the period. Two Sigma Advisers LP increased its holdings in shares of RadiSys by 247.7% in the fourth quarter. Two Sigma Advisers LP now owns 186,000 shares of the technology company’s stock worth $187,000 after purchasing an additional 132,500 shares during the period. Millennium Management LLC bought a new position in shares of RadiSys in the fourth quarter worth $200,000. Finally, B. Riley Financial Inc. increased its holdings in shares of RadiSys by 300.0% in the fourth quarter. B. Riley Financial Inc. now owns 200,000 shares of the technology company’s stock worth $201,000 after purchasing an additional 150,000 shares during the period. 50.88% of the stock is currently owned by hedge funds and other 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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