RadiSys Corporation (NASDAQ: RSYS) makes system products for embedded computer applications used in the manufacturing automation, medical, transportation, telecommunications, gaming and test equipment markets. Products include embedded boards, board-level modules and chip-level components. The company also offers system integration and repair services. Clients include Nokia (NYSE: NOK), Nortel Networks (NYSE: NT) and IBM (NYSE: IBM).

The firm pleased investors last week, when it reported Q2 EPS of 14 cents and revenues of $97.6 million. Analysts had been expecting six cents and $87.8 million. The CEO attributed success to strong demand for the company's wireless and IP media server products. Management also guided Q3 EPS to 16-22 cents (nine cent consensus) and Q3 revenues to $98-$103 million ($91.2M consensus).

Continue reading RadiSys Corporation (RSYS): Shares cycle in bullish 'flag' pattern

RadiSys Corporation (RSYS): Shares cycle in bullish 'flag' pattern originally appeared on BloggingStocks on Mon, 04 Aug 2008 11:45:00 EST. Please see our terms for use of feeds.

RadiSys Corporation (NASDAQ: RSYS) makes system products for embedded computer applications used in the manufacturing automation, medical, transportation, telecommunications, gaming and test equipment markets. Products include embedded boards, board-level modules and chip-level components. The company also offers system integration and repair services. Clients include Nokia (NYSE: NOK), Nortel Networks (NYSE: NT) and IBM (NYSE: IBM).

The firm pleased investors earlier in the month, when it announced Q3 EPS of 11 cents and revenues of $83.6 million. Analysts had been expecting a penny and $77.1 million. Management also guided Q4 EPS to 11-15 cents (5 cent consensus) and Q4 revenues to $92-$98 million ($83.56M consensus). The CEO was particularly pleased with the prospect of recent acquisitions going cash flow positive in the fourth quarter. Jefferies, Cantor Fitzgerald and Needham subsequently declared the stock a "buy." RSYS shares popped on the news and then moved into a bullish "flag" consolidation pattern. Prices frequently exit flags moving in the same direction they were traveling on entry. In this case, that would be to the upside.

Continue reading RadiSys Corp. (RSYS) shares in bullish 'flag'

RadiSys Corp. (RSYS) shares in bullish 'flag' originally appeared on BloggingStocks on Thu, 29 Nov 2007 12:45:00 EST. Please see our terms for use of feeds.