Radisys Announces Preliminary Second Quarter 2017 Revenue

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RadiSys (RSYS) PT Lowered to $4.50 at Needham & Company Following 2Q Pre-Announcement

July 7, 2017 10:51 AM EDT

Needham & Company lowered its price target on RadiSys (NASDAQ: RSYS) to $4.50 (from $5.00) while maintaining a Buy rating following the company's 2Q pre-announcement.

RSYS announced it now expects 2Q revenue to be $35MM vs. prior expectations of $41- $47MM as a result... More