Equities analysts forecast that RadiSys Co. (NASDAQ:RSYS) will post sales of $21.05 million for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for RadiSys’ earnings. The lowest sales estimate is $21.00 million and the highest is $21.10 million. RadiSys posted sales of $28.77 million during the same quarter last year, which suggests a negative year-over-year growth rate of 26.8%. The company is expected to announce its next quarterly earnings report on Tuesday, November 6th.

According to Zacks, analysts expect that RadiSys will report full year sales of $94.20 million for the current fiscal year, with estimates ranging from $93.80 million to $94.60 million. For the next fiscal year, analysts expect that the firm will post sales of $97.20 million, with estimates ranging from $95.00 million to $99.40 million. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for RadiSys.

RadiSys (NASDAQ:RSYS) last issued its quarterly earnings data on Tuesday, July 31st. The technology company reported $0.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.07) by $0.13. RadiSys had a negative return on equity of 201.99% and a negative net margin of 41.30%. The company had revenue of $24.41 million for the quarter, compared to analysts’ expectations of $20.55 million.

Several brokerages have weighed in on RSYS. Zacks Investment Research raised RadiSys from a “hold” rating to a “buy” rating and set a $1.75 price objective on the stock in a research note on Tuesday, August 7th. ValuEngine raised RadiSys from a “hold” rating to a “buy” rating in a research note on Friday, August 3rd. Roth Capital reissued a “neutral” rating and set a $6.00 price objective on shares of RadiSys in a research note on Monday, July 9th. Northland Securities cut RadiSys from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 3rd. Finally, DA Davidson cut RadiSys from a “buy” rating to a “neutral” rating in a research note on Monday, July 2nd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $3.88.

NASDAQ RSYS traded down $0.01 during trading hours on Friday, hitting $1.60. 116,075 shares of the company were exchanged, compared to its average volume of 611,711. The company has a debt-to-equity ratio of -1.10, a current ratio of 0.97 and a quick ratio of 0.90. RadiSys has a 52 week low of $0.53 and a 52 week high of $1.65. The stock has a market capitalization of $64.56 million, a P/E ratio of -2.91 and a beta of 1.49.

Several institutional investors and hedge funds have recently added to or reduced their stakes in RSYS. Arbor Wealth Management LLC bought a new position in shares of RadiSys during the second quarter valued at approximately $1,981,000. Kassirer Asset Management Corp bought a new position in shares of RadiSys during the third quarter valued at approximately $713,000. Paloma Partners Management Co grew its stake in shares of RadiSys by 1,223.2% during the second quarter. Paloma Partners Management Co now owns 179,318 shares of the technology company’s stock valued at $125,000 after buying an additional 165,766 shares during the last quarter. California Public Employees Retirement System grew its stake in shares of RadiSys by 171.9% during the first quarter. California Public Employees Retirement System now owns 234,416 shares of the technology company’s stock valued at $150,000 after buying an additional 148,216 shares during the last quarter. Finally, Ancora Advisors LLC grew its stake in shares of RadiSys by 19.7% during the first quarter. Ancora Advisors LLC now owns 709,312 shares of the technology company’s stock valued at $455,000 after buying an additional 116,565 shares during the last quarter. 29.35% of the stock is currently owned by hedge funds and other institutional investors.

RadiSys Company Profile

Radisys Corporation provides telecom solutions worldwide. It operates in two segments, Software-Systems and Hardware Solutions. The company's products include MediaEngine products that provide media processing capabilities required for applications, such as voice over long-term evolution (VoLTE), voice over Wi-Fi, Web real-time communication, and multimedia conferencing, as well as media interworking; and MobilityEngine, Its MobilityEngine products portfolio provide solutions for 4G, LTE-Advance and emerging 5G standards for RAN use cases, including Centralized, Virtualized and multi access edge compute (MEC).

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