Wall Street brokerages predict that RadiSys Co. (NASDAQ:RSYS) will announce $22.55 million in sales for the current quarter, Zacks reports. Two analysts have provided estimates for RadiSys’ earnings. The highest sales estimate is $23.00 million and the lowest is $22.10 million. RadiSys reported sales of $32.29 million during the same quarter last year, which indicates a negative year over year growth rate of 30.2%. The company is expected to issue its next quarterly earnings results on Wednesday, February 6th.

On average, analysts expect that RadiSys will report full-year sales of $94.20 million for the current financial year, with estimates ranging from $93.80 million to $94.60 million. For the next financial year, analysts expect that the business will report 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 firms that cover RadiSys.

RadiSys (NASDAQ:RSYS) last announced its quarterly earnings data on Thursday, November 8th. The technology company reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.09. RadiSys had a negative net margin of 41.30% and a negative return on equity of 201.99%. The firm had revenue of $27.02 million for the quarter, compared to analyst estimates of $21.05 million.

Several equities analysts have recently weighed in on the stock. ValuEngine upgraded shares of RadiSys from a “hold” rating to a “buy” rating in a report on Friday, August 3rd. Zacks Investment Research upgraded shares of RadiSys from a “hold” rating to a “buy” rating and set a $1.75 price objective on the stock in a report on Tuesday, August 7th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $3.88.

Shares of NASDAQ RSYS traded up $0.01 during trading on Wednesday, hitting $1.54. 415,358 shares of the company traded hands, compared to its average volume of 160,962. RadiSys has a fifty-two week low of $0.53 and a fifty-two week high of $1.65. The company has a current ratio of 0.97, a quick ratio of 0.90 and a debt-to-equity ratio of 18.71.

Several large investors have recently bought and sold shares of RSYS. Arbor Wealth Management LLC bought a new stake in shares of RadiSys during the second quarter worth about $1,981,000. Kassirer Asset Management Corp bought a new stake in shares of RadiSys during the third quarter worth about $713,000. Paloma Partners Management Co increased its position 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 worth $125,000 after acquiring an additional 165,766 shares in the last quarter. Finally, California Public Employees Retirement System increased its position 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 worth $150,000 after acquiring an additional 148,216 shares in the last quarter. 30.30% of the stock is owned by 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).

Featured Article: NASDAQ

Get a free copy of the Zacks research report on RadiSys (RSYS)

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.