Radisys Corp (RSYS) Tops Q2 EPS by 4c; Mixed Q3 Outlook
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Needham & Company Raises Price Target on Radisys Corp (RSYS) as Embedded Products Drives Revenue Beat
July 27, 2016 7:13 AM EDTNeedham & Company reiterated a Buy rating on Radisys Corp (NASDAQ: RSYS), and raised the price target to $6.00 (from $5.50), following the company's 2Q earnings report. RSYS reported revenue of $61.3MM, ahead of $60.4MM estimates, driven by Embedded Products. NG EPS of $0.10 also exceeded estimates of $0.07.... More
