Equities research analysts expect RadiSys Co. (NASDAQ:RSYS) to report earnings of ($0.11) per share for the current quarter, according to Zacks. Three analysts have made estimates for RadiSys’ earnings. The lowest EPS estimate is ($0.12) and the highest is ($0.10). RadiSys reported earnings per share of ($0.14) in the same quarter last year, which would indicate a positive year over year growth rate of 21.4%. The company is scheduled to report its next quarterly earnings results on Tuesday, May 1st.
On average, analysts expect that RadiSys will report full-year earnings of ($0.21) per share for the current fiscal year, with EPS estimates ranging from ($0.22) to ($0.20). For the next financial year, analysts expect that the firm will post earnings of $0.04 per share, with EPS estimates ranging from $0.01 to $0.06. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover RadiSys.
RadiSys (NASDAQ:RSYS) last announced its quarterly earnings results on Wednesday, February 7th. The technology company reported ($0.01) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.05. RadiSys had a negative return on equity of 56.68% and a negative net margin of 39.33%. The business had revenue of $32.30 million for the quarter, compared to analyst estimates of $31.09 million. During the same quarter in the prior year, the company posted $0.04 EPS. The company’s quarterly revenue was down 20.4% on a year-over-year basis.
A number of institutional investors and hedge funds have recently bought and sold shares of RSYS. Rhumbline Advisers lifted its stake in RadiSys by 26.3% during the 2nd quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock worth $155,000 after acquiring an additional 8,575 shares in the last quarter. B. Riley Financial Inc. lifted its stake in RadiSys by 300.0% during the 4th quarter. B. Riley Financial Inc. now owns 200,000 shares of the technology company’s stock worth $201,000 after acquiring an additional 150,000 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in RadiSys by 19.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock worth $585,000 after acquiring an additional 25,495 shares in the last quarter. State Street Corp lifted its stake in RadiSys by 10.1% during the 2nd quarter. State Street Corp now owns 517,315 shares of the technology company’s stock worth $1,946,000 after acquiring an additional 47,538 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in RadiSys by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock worth $5,785,000 after acquiring an additional 49,835 shares in the last quarter. 50.88% of the stock is currently owned by hedge funds and other institutional investors.
Shares of RadiSys (NASDAQ:RSYS) traded up $0.02 during trading on Tuesday, hitting $0.85. The stock had a trading volume of 309,800 shares, compared to its average volume of 1,087,758. RadiSys has a twelve month low of $0.63 and a twelve month high of $4.39. The firm has a market cap of $32.69, a price-to-earnings ratio of -0.63 and a beta of 0.79.
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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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