RadiSys Corporation (NASDAQ:RSYS) – DA Davidson cut their Q3 2017 earnings per share estimates for RadiSys Corporation in a report issued on Wednesday. DA Davidson analyst T. Diffely now forecasts that the technology company will post earnings of ($0.12) per share for the quarter, down from their prior forecast of $0.05. DA Davidson also issued estimates for RadiSys Corporation’s Q4 2017 earnings at ($0.02) EPS and FY2017 earnings at ($0.39) EPS.

RSYS has been the subject of several other research reports. Jefferies Group LLC reissued a “buy” rating and issued a $6.25 price objective (down previously from $6.75) on shares of RadiSys Corporation in a research note on Tuesday, July 25th. Needham & Company LLC dropped their price objective on shares of RadiSys Corporation from $5.00 to $4.50 and set a “buy” rating for the company in a research note on Monday, July 10th. Zacks Investment Research downgraded shares of RadiSys Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, June 30th. Lake Street Capital dropped their price objective on shares of RadiSys Corporation from $5.50 to $4.50 and set a “buy” rating for the company in a research note on Friday, July 7th. Finally, Roth Capital set a $6.00 price objective on shares of RadiSys Corporation and gave the company a “buy” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $3.63.

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RadiSys Corporation (NASDAQ:RSYS) opened at 1.69 on Monday. The company has a 50-day moving average of $3.18 and a 200 day moving average of $3.78. RadiSys Corporation has a 52-week low of $1.54 and a 52-week high of $5.81. The company’s market cap is $65.85 million.

RadiSys Corporation (NASDAQ:RSYS) last posted its quarterly earnings data on Tuesday, August 1st. The technology company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.08. RadiSys Corporation had a negative net margin of 14.38% and a negative return on equity of 13.20%. The firm had revenue of $35.09 million during the quarter, compared to analysts’ expectations of $35.05 million. During the same quarter in the previous year, the company posted $0.10 EPS. RadiSys Corporation’s revenue was down 42.7% on a year-over-year basis.

Several institutional investors have recently added to or reduced their stakes in the stock. Herald Investment Management Ltd increased its position in RadiSys Corporation by 32.9% in the first quarter. Herald Investment Management Ltd now owns 605,500 shares of the technology company’s stock valued at $2,415,000 after buying an additional 150,000 shares during the last quarter. AXA acquired a new position in RadiSys Corporation during the first quarter valued at about $383,000. S Squared Technology LLC increased its position in RadiSys Corporation by 2,969.0% in the first quarter. S Squared Technology LLC now owns 306,902 shares of the technology company’s stock valued at $1,228,000 after buying an additional 296,902 shares during the last quarter. Pacific Ridge Capital Partners LLC increased its position in RadiSys Corporation by 27.4% in the first quarter. Pacific Ridge Capital Partners LLC now owns 1,717,437 shares of the technology company’s stock valued at $6,870,000 after buying an additional 369,827 shares during the last quarter. Finally, Great Lakes Advisors LLC acquired a new position in RadiSys Corporation during the first quarter valued at about $2,362,000. 58.44% of the stock is owned by hedge funds and other institutional investors.

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.

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

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