Genasys Q1 2024 Earnings Report

Genasys EPS Results

• Actual EPS: -$0.15
• Consensus EPS: -$0.10
• Beat/Miss: Missed by -$0.05
• One Year Ago EPS: N/A

Genasys Revenue Results

• Actual Revenue: $4.36 million
• Expected Revenue: $7.88 million
• Beat/Miss: Missed by -$3.52 million
• YoY Revenue Growth: N/A

Genasys Announcement Details

• Quarter: Q1 2024
• Date: 2/13/2024
• Time: N/A

Genasys (NASDAQ:GNSS) engages in the design, development, and commercialization of critical communications hardware and software solutions to alert, inform, and protect people principally in North and South America, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Hardware and Software. It provides Genasys Protect ALERT, an interactive, cloud-based SaaS solution that is designed to enable SLED and enterprise customers to send critical information to at-risk individuals or groups when an emergency occurs using emails, voice calls, text messages, panic buttons, desktop alerts, TV, social media, and other; and Genasys Protect EVAC that enables responding agencies to determine and communicate the proper scope of a response or evacuation by replacing guesswork with data-driven intelligence; and Genasys Protect CONNECT, an instant communication platform that enables first responders and public safety personnel to collaborate and share information in a single space with text, videos, images, and audio from any location. The company also offers Genasys Protect ACOUSTICS, a mass notification speaker system with Genasys protect command-and-control software; and long range acoustic devices, such as acoustic hailing devices which are used to project alert tones and audible voice messages. It sells its products directly to governments, militaries, end-users, and commercial companies. The company was formerly known as LRAD Corporation. Genasys Inc. was incorporated in 1992 and is based in San Diego, California.