Welcome to our dedicated page for Genasys news (Ticker: GNSS), a resource for investors and traders seeking the latest updates and insights on Genasys stock.
Genasys Inc (NASDAQ: GNSS) provides critical protective communications solutions through its LRAD systems and Genasys Protect software platform. This page serves as the definitive source for official company announcements, financial updates, and operational developments.
Investors and stakeholders will find timely updates on earnings reports, strategic partnerships, product innovations, and market expansion initiatives. Our curated collection ensures access to verified information directly from Genasys leadership and authorized channels.
Key content categories include quarterly financial results, emergency technology advancements, government contract awards, and strategic collaborations in public safety sectors. All materials maintain compliance with financial disclosure regulations.
Bookmark this page for efficient tracking of GNSS's evolving role in crisis communication technology and global emergency response infrastructure. For comprehensive analysis, combine these updates with SEC filings and investor relations materials.
Genasys Inc. (NASDAQ: GNSS), a global leader in Protective Communications, has announced it will release its fiscal second quarter 2025 financial results after market close on Tuesday, May 13, 2025. The company will host a conference call to discuss the results at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time on the same day.
Investors can join via toll-free number (888) 390-3967 for U.S. & Canada, or international number (862) 298-0702. Questions for management can be submitted in advance to ir@genasys.com. A webcast replay will be available approximately four hours after the presentation through the Events & Presentations page on the company's website.
Genasys Inc. (NASDAQ: GNSS) has secured $2.5 million in Long Range Acoustic Device® (LRAD) orders from the US Military, covering Army, Navy, and Air Force units both domestically and overseas. LRAD systems provide long-range communication and escalation of force (EOF) capabilities, supporting various military missions from combat to humanitarian operations.
The systems are designed to broadcast clear voice messages and warning tones over long distances and through loud background noise, with an effective range of up to 5,000 meters. LRAD has successfully passed approximately 40 separate U.S government tests, including all MILSPEC testing for heat, humidity and shock, and is currently deployed in over 100 countries.
Genasys Inc. (NASDAQ: GNSS) has secured $1.0M in orders for its LRAD (Long Range Acoustic Device) systems to protect critical infrastructure in multiple locations. The orders include installations at oil and gas facilities in Australia and Canada, and electrical substations of a major U.S. utility.
The announcement comes amid rising security concerns, with the U.S. Department of Energy reporting 175 instances of physical attacks or threats against grid infrastructure in 2023. The company's LRAD 950NXT systems will be integrated with existing security systems at select substations, addressing the six security requirements established by the North American Energy Reliability : Detect, Assess, Communicate, Respond, Delay, and Deter.
This marks the second regional utility to implement LRAD systems for substation security. The technology provides first-response capability by broadcasting alerts and warnings, enhancing traditional observe-only security installations across 1,500 CIP-014 electrical substations in the U.S.
Genasys Inc. (NASDAQ: GNSS) addresses the recent Signal app controversy in the US government's Executive branch by highlighting their secure alternative, Genasys CONNECT. The company criticizes the use of Signal by US intelligence and military leaders, emphasizing that their platform offers a compliant solution for government communications.
Jeff Halstead, Genasys Senior Director of Strategic Accounts and former Chief of Police, introduces Genasys CONNECT's features including:
- Heavily encrypted messaging across all devices
- Agency-controlled data ownership
- Fortified team chats with logging and tracking
- FOIA, CJIS/FBI, public records retention, and HIPAA compliance
- Immutable message history
The company warns that approximately 90% of police departments reportedly use Signal for sensitive operations, which they claim is illegal for sharing criminal justice information. Genasys positions their platform as a secure and compliant alternative to Signal for government communications.
Genasys Inc. (NASDAQ: GNSS), the global leader in Protective Communications, has announced a strategic partnership with FloodMapp, a market leader in operational flood forecasting and intelligence solutions. The collaboration integrates Genasys' all-hazards preparedness and multichannel alerting platform with FloodMapp's forecasting technology.
The partnership aims to enhance emergency response capabilities by enabling emergency managers to:
- View predicted flood impact areas
- Overlay them with evacuation zones
- Make faster, data-driven decisions
- Coordinate timely evacuations
This integration is particularly important in fire-prone areas like California and Australia, where the fire-flood cycle creates dangerous flood and debris flow risks downstream of burn-scarred areas. The companies will host a webinar on March 19, 2025, titled 'Elevating the Standard for All-Hazard Safety' to showcase their combined solution.
Genasys Inc. (NASDAQ: GNSS) reported fiscal Q1 2025 results with revenue of $6.9 million, up 59.1% from $4.4 million in Q1 2024. The company posted a GAAP net loss of ($4.1) million, or ($0.09) per share, improved from ($6.7) million, or ($0.15) per share in the prior year.
Software revenue increased 63.5% with recurring revenue up 68.7%, while hardware revenue grew 57.1%. Gross profit margin improved to 45.8% from 33.9% year-over-year. The company received over $10 million in cash deposits for Puerto Rico dams project, with $8.3 million received during Q1 and an additional $2.2 million post-quarter.
The company highlighted its role in recent Los Angeles fires, where its Genasys Protect system supported evacuation efforts. With a record $40 million backlog entering fiscal 2025, primarily tied to the Puerto Rico project, management expects substantial growth in both top and bottom lines compared to the previous year.
Genasys Inc. (NASDAQ: GNSS), the global leader in Protective Communications, has announced it will release its fiscal first quarter 2025 financial results after market close on Tuesday, February 11, 2025. The company will host a conference call at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time to discuss the results.
Investors can access the call through toll-free numbers for U.S. & Canada (888) 390-3967 or international dial-in (862) 298-0702. The call will also be available via webcast. Questions for management can be submitted in advance via email to ir@genasys.com. A replay will be accessible approximately four hours after the presentation through the company's website.
Genasys Inc. (NASDAQ: GNSS) reported significant achievements for FY 2024, including record bookings of $111 million and a 12-month backlog exceeding $40 million. Key wins include a $75 million Puerto Rico dams project and major orders from Los Angeles County, Oregon, and New Hampshire.
The company's software business enters FY 2025 with an Annual Recurring Revenue (ARR) of $8.3 million. Genasys CONNECT has expanded to over 250 clients with 31,000+ active users, protecting more than 50 million people across the U.S. International hardware bookings saw an 86% year-over-year increase in FY 2024, driven by renewed LRAD demand from naval, defense, and law enforcement agencies globally.
Genasys Inc. (NASDAQ: GNSS) reported challenging fiscal 2024 results with revenue declining to $24.0 million from $46.7 million in fiscal 2023. Despite financial challenges, the company achieved record bookings of $111 million and enters fiscal 2025 with a $40 million backlog. The significant $75 million Puerto Rico dam contract and improving software bookings highlight positive developments.
Q4 2024 showed revenue of $6.7 million (down 37% YoY) with a GAAP net loss of ($11.4) million. Software revenue grew 92.4% while hardware revenue decreased 51.9%. The company maintains $13.1 million in cash and equivalents as of September 30, 2024, and expects substantial growth in 2025 driven by hardware bookings and software expansion.
Genasys Inc. (NASDAQ: GNSS) has secured a three-year, $3.35 million follow-on maintenance agreement for LRAD systems deployed by the Indian Navy. This marks the third maintenance agreement for Indian Navy's LRADs, with total maintenance agreements reaching $13.8 million since 2010.
The company reports increasing LRAD deployments worldwide in defense, law enforcement, critical infrastructure protection, and maritime security applications, with recent orders from the EU, Middle East, APAC, and West Africa. The Indian Navy and other APAC naval forces utilize LRADs for anti-piracy, maritime security, and economic zone enforcement operations.