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Genasys Inc - GNSS STOCK NEWS

Welcome to our dedicated news page for Genasys (Ticker: GNSS), a resource for investors and traders seeking the latest updates and insights on Genasys.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Genasys's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Genasys's position in the market.

Rhea-AI Summary
Genasys Inc. announces financial results for the fiscal first quarter of 2024, showcasing revenue of $4.4 million, a decrease from the previous year. The company highlights contracts with Los Angeles County, Utah Department of Corrections, and Puerto Rico for its Protective Communications solutions. Despite a decrease in hardware revenue, software revenue saw growth, leading to an Adjusted EBITDA of ($6.1) million. The company emphasizes a back-end loaded fiscal year with confidence in future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.52%
Tags
earnings
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Rhea-AI Summary
Genasys Inc. (GNSS) secures a multi-year contract with the State of Utah's Department of Corrections for Genasys Protect CONNECT, enhancing emergency communication and public safety. The platform streamlines critical information for seamless communication across divisions, ensuring secure collaboration with external agencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.42%
Tags
none
-
Rhea-AI Summary
Genasys Inc. (GNSS) has been chosen to build an Emergency Warning System (EWS) for 37 dams in Puerto Rico, funded by FEMA with $94.3 million. The project is expected to generate $60-70 million in revenue, showcasing Genasys ProtectTM platform's capabilities in flood threat detection and communication. The award represents the largest implementation of Genasys Protect for Critical Infrastructure Protection (CIP) to date. The project will cover dam instrumentation, sensors, controls, evacuation route signage, and community outreach programs. The installation is anticipated to take 18 months, with progressive phases of completion. Genasys CEO Richard Danforth expressed gratitude to the team for their dedication to public safety and critical communications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.03%
Tags
acquisition
Rhea-AI Summary
Genasys Inc. (NASDAQ: GNSS) is set to release its financial results for the fiscal first quarter, ended December 31, 2023, on February 13, 2024. The company will hold a conference call to discuss the results at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Investors and analysts can join the call using the provided toll-free and international dial-in numbers or via webcast. Questions for management can be submitted in advance via email. A replay of the webcast will be available on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
earnings
-
Rhea-AI Summary
Genasys Inc. (NASDAQ: GNSS) has announced a 5-year contract with Los Angeles County to expand the use of Genasys Protect EVAC across the entire county. This expansion aims to reduce evacuation time and improve the speed of relaying public information to impacted areas. The platform allows for targeted evacuation zones, improving situational awareness, decision-making time, and communication with agencies. The company's CEO expressed commitment to the success of the project, highlighting the adoption of Genasys Protect EVAC by 36 out of 58 California counties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.33%
Tags
none
-
Rhea-AI Summary
Genasys Inc. (NASDAQ: GNSS) CEO and SVP are set to participate in the iAccess Alpha Tax Loss Recovery Summit Virtual Conference on January 9-10, 2024. CEO Richard Danforth will present at 12:30 EST on January 9 and host one-on-one meetings on January 10.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
Tags
conferences
Rhea-AI Summary
Genasys Inc. (NASDAQ: GNSS) announced financial results for fiscal Q4 and full year 2023, highlighting a 43% increase in recurring software revenue, partnerships with Tablet Command and Ladris, and a 100% year-over-year growth expectation for fiscal 2024 software revenue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.07%
Tags
earnings
-
Rhea-AI Summary
Genasys, Inc. (NASDAQ: GNSS) announced sales of $750,000 worth of Protective Communications solutions to three companies in the nuclear energy and oil & gas sectors. The contracts include the Genasys Protect integrated platform and advanced acoustic devices, to be deployed at sites in the central, southwestern, and southeastern United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
none
-
Rhea-AI Summary
Genasys Inc. (NASDAQ: GNSS) has announced a new foreign military sales (FMS) contract award for a Middle Eastern defense force, worth more than two million USD. The contract will deploy Genasys’ long-range acoustic hailing devices (LRADs) on multiple ships and shore installations across the country’s Navy. With a focus on maritime operations, Genasys' technology is in high demand, providing clear voice communications at thousands of meters out. The company's leadership in the acoustic hailing market has led to installations on 26 international Navies and Coast Guards, showcasing the world’s militaries’ commitment to Genasys’ technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.96%
Tags
none
Rhea-AI Summary
Genasys Inc. (GNSS) plans to release financial results for its fiscal year ending September 30, 2023, after market close on December 7, 2023. A conference call to discuss the results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Dial-in and webcast details are available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.61%
Tags
earnings
Genasys Inc

Nasdaq:GNSS

GNSS Rankings

GNSS Stock Data

86.73M
34.92M
4.05%
54.88%
0.4%
Audio and Video Equipment Manufacturing
Manufacturing
Link
US
San Diego

About GNSS

lrad corporation was founded in 1980 and recapitalized in 1992. in 1996, the company launched its first directed sound technology and began engineering sound solutions for the commercial, government, and military markets. in response to the october 2000 attack on the uss cole, the company’s engineering team developed the revolutionary long range acoustic device® (lrad® ). with the introduction of lrad systems in 2003, the company created the acoustic hailing device (ahd) market. today, lrad directional sound systems are being used around the world in diverse applications including fixed and mobile military deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, and wildlife preservation and control. lrad corporation’s management team blends technology, operations, manufacturing and marketing expertise with acoustic engineering experience. since 2006, this team