Genasys Inc Stock Price, News & Analysis

Genasys Inc. (NASDAQ: GNSS) has secured a multi-year contract with a second mobile telecom carrier for Australia's next-generation emergency alert system. This follows a prior contract with Optus, enhancing the company's role in public safety. Since 2012, Genasys has delivered over 150 million alerts. The company's National Emergency Warning System (NEWS) will help meet the EU's directive for geo-located emergency communications by June 2022. Genasys operates in 72 countries, providing critical communication solutions to prevent and manage emergencies.

Genasys Inc. (NASDAQ: GNSS) announced new contracts for its Genasys Emergency Management (GEM) software from UC Irvine, North Coast Water District, and Newport Beach. CEO Richard S. Danforth highlighted increasing interest and sales in the GEM platform, designed for real-time emergency communication through various channels. GEM integrates with multiple alert systems, including FEMA's IPAWS, enhancing communication clarity and coverage. Genasys operates in 72 countries, providing critical communications solutions that address public safety and emergency alerts.

Genasys Inc. (NASDAQ: GNSS) announced a multi-year contract with Optus, a major Australian mobile network operator, to enhance emergency alerts through its National Emergency Warning System (NEWS). This innovative system requires no opt-in from users and delivers critical alerts directly to mobile devices during emergencies, such as bushfires. Genasys' partnership with Nokia aims to integrate advanced features, including geo-location and real-time data, to improve public safety communications. Other contracts with Australia's telecom providers are anticipated soon.

Genasys Inc (NASDAQ: GNSS) announced participation in the 9th Annual Gateway Conference on September 10, 2020. Members of the executive management team will present from 12:00 p.m. to 12:25 p.m. Eastern Time and will engage in one-on-one meetings with registered investors.

Interested parties can access the live webcast and schedule meetings through Genasys Investor Relations at ir@genasys.com. Genasys provides critical communications systems used in over 450 U.S. cities and 72 countries for public safety and emergency management.

Genasys Inc (NASDAQ: GNSS), a leader in critical communications, will participate in the LD Micro 500 Virtual Conference on September 1, 2020. The company's executive management team will present at 12:40 p.m. ET and engage in one-on-one meetings with investors. Genasys offers comprehensive emergency management solutions, including geo-targeted alerts, and operates in 72 countries and over 450 U.S. cities. For a detailed webcast of the presentation, visit the event page.

Genasys Inc. (NASDAQ: GNSS) announced a definitive agreement to acquire Amika Mobile, a Canadian provider of critical event communication software. This acquisition aims to enhance Genasys' offerings in emergency management by integrating Amika's robust technological capabilities to accelerate software business growth. The combined solution is expected to improve safety measures for various sectors, including governments and educational institutions. The transaction, approved by both companies' boards, is anticipated to close within 30-60 days, pending regulatory review.

Genasys Inc. (NASDAQ: GNSS) plans to release its fiscal third quarter financial results on August 10, 2020, after market close. The conference call will occur at 4:30 p.m. Eastern Time. Participants can join by dialing the toll-free number 888.390.3967 or international number 862.298.0702. Genasys, a leader in critical communications systems, provides critical safety solutions across 72 countries and 450 U.S. cities, emphasizing its role in emergency management and public safety.

Genasys Inc. (NASDAQ: GNSS) announced its inclusion in the Russell 3000 Index following the annual reconstitution on June 26, 2020. This annual process ranks the largest U.S. stocks by market capitalization, with membership providing significant investment exposure and visibility among a broader pool of investors. The Russell 3000 Index, which includes 3,000 stocks, is used widely by investment managers, with approximately $9 trillion in assets benchmarked against its indexes. CEO Richard S. Danforth expressed optimism about the benefits of this inclusion for Genasys and its communication solutions.

Genasys Inc. (NASDAQ: GNSS) announced $2.4 million in orders for LRAD 500X and LRAD 1000X acoustic hailing devices from countries in Southeast Asia and Africa. The Southeast Asian country will deploy these systems for homeland and border security, while two African nations will use them for public safety. Richard S. Danforth highlighted the effectiveness of LRAD systems in enhancing security communications. Genasys operates globally, providing critical communications solutions across 72 countries for diverse applications.