Radisys Corp (RSYS) Tops Q2 EPS by 6c, Lowers Outlook

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Go back to Radisys Corp (RSYS) Tops Q2 EPS by 6c, Lowers Outlook

RadiSys (RSYS) PT Lowered to $3 at Jefferies Following 2Q

August 2, 2017 9:28 AM EDT

Jefferies lowered its price target on RadiSys (NASDAQ: RSYS) to $3.00 (from $6.25) while maintaining a Buy rating. Q2 revenue was in line with the pre-announced guidance. sales hit $35.1M, in line with the ~$35M pre-announcement. EPS totaled ($0.06), ahead of Consensus of ($0.12).

RSYS guided... More