Equities analysts expect RadiSys Co. (NASDAQ:RSYS) to report ($0.06) earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for RadiSys’ earnings. The highest EPS estimate is ($0.05) and the lowest is ($0.07). RadiSys reported earnings of $0.04 per share in the same quarter last year, which indicates a negative year over year growth rate of 250%. The firm is expected to announce its next earnings report after the market closes on Thursday, February 8th.
On average, analysts expect that RadiSys will report full year earnings of ($0.54) per share for the current financial year, with EPS estimates ranging from ($0.54) to ($0.53). For the next year, analysts expect that the company will report earnings of ($0.20) per share, with EPS estimates ranging from ($0.23) to ($0.15). Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover RadiSys.
RadiSys (NASDAQ:RSYS) last posted 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 business 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 company’s revenue for the quarter was down 48.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.07 earnings per share.
A number of research analysts have commented on the stock. Zacks Investment Research lowered shares of RadiSys from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Roth Capital restated a “buy” rating on shares of RadiSys in a research note 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’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $3.60.
RadiSys (RSYS) traded down $0.03 during midday trading on Wednesday, reaching $1.10. 623,804 shares of the company’s stock were exchanged, compared to its average volume of 2,670,000. The firm has a market capitalization of $43.06, a price-to-earnings ratio of -1.16 and a beta of 1.20. RadiSys has a one year low of $0.63 and a one year high of $4.76.
Several large investors have recently modified their holdings of RSYS. Rhumbline Advisers boosted 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 valued at $155,000 after acquiring an additional 8,575 shares in the last quarter. Bank of New York Mellon Corp boosted 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 valued at $585,000 after acquiring an additional 25,495 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of RadiSys by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock valued at $5,785,000 after acquiring an additional 49,835 shares in the last quarter. State Street Corp boosted its holdings 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 valued at $1,946,000 after acquiring an additional 47,538 shares in the last quarter. Finally, Moors & Cabot Inc. boosted its holdings 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 valued at $183,000 after acquiring an additional 200 shares in the last quarter. 57.18% of the stock is currently owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY NOTICE: This report was originally posted by Stock Observer and is owned by of Stock Observer. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright and trademark laws. The original version of this report can be viewed at https://www.thestockobserver.com/2018/01/13/916577.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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.