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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.

News
Genasys Comments on Expanding Pipeline for Protective Communications
Rhea-AI Summary
Genasys Inc. provides additional information on the need for Protective Communications and the growth in its sales pipeline. Recent natural disasters highlight the importance of safety officers and public officials in crisis management. Genasys' Genasys Protect platform offers comprehensive solutions for protecting employees and constituents. The company has a pipeline of hardware business three times the size it was a year prior and a 156% year-over-year growth in Genasys Protect deals. However, delays in hardware bookings have led to a 15% decrease in full-year revenues and a revised outlook for Q4 2023 revenues of at least $10 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.59%
Tags
none
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News
US Military Strengthens Commitment to Genasys Systems
Rhea-AI Summary
Genasys Inc. announces $1.6M in LRAD orders from the Department of Defense.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
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none
-
News
City of Boston Selects Genasys Protect™ to Power Its Preparedness and Emergency Communication
Rhea-AI Summary
Genasys (NASDAQ: GNSS) announces City of Boston's deployment of Genasys Protect™, a protective communications platform, to inform residents and visitors about city updates and protect against critical events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
acquisition
News
Vietnam Ministry of Defense Expands Genasys Contract for Naval Frigates
Rhea-AI Summary
Genasys Inc. receives $1.9 million order from Vietnam Military of Defense for LRAD solutions, bringing total investment to $4.8 million since 2019.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
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none
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News
Genasys Inc. Reports Fiscal Third Quarter 2023 Financial Results
Rhea-AI Summary
Genasys Inc. (GNSS) announced financial results for the Company’s fiscal third quarter ended June 30, 2023. Revenue was $14.3 million, with a GAAP net loss of ($1.4) million. The company expects Fiscal 2023 to be down from Fiscal 2022 with fourth quarter revenues approximately 5% below the prior quarter. Recurring revenue is up 47% year over year, and year-to-date software bookings are up 180%. Adjusted EBITDA was ($0.4) million, versus profit of $0.4 million in 3Q 2022. The company is investing in diversifying its business and expects software ARR and revenue growth next fiscal year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
Tags
earnings
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News
Critical Communications Leader Genasys Rebrands and Launches World's First Protective Communications Platform
Rhea-AI Summary
Genasys, a global provider of emergency preparedness and response solutions, has launched Genasys Protect, a comprehensive software and systems platform. The platform introduces advanced simulation models for natural and man-made disasters. Genasys also unveiled a new brand and tagline, reflecting expanded capabilities in preparedness, response, and analytics. Genasys Protect offers the most comprehensive portfolio of preparedness, response, and analytics software and systems, including predictive simulation models. The company has also launched a community mobile app for public access to unified, location-based information and updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
none
News
Boulder County Selects Genasys Inc. to Expand Emergency Communication Coverage in Colorado
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
acquisition
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News
Genasys Inc. Schedules Fiscal Third Quarter 2023 Financial Results and Conference Call for August 10, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.6%
Tags
earnings
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News
Protective Communications Leader Genasys Announces $10.7M U.S. Army   Follow-On Award
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
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none
News
Genasys Inc. to Present at LD Micro Invitational XIII
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.11%
Tags
conferences
Stock GNSS logo
Genasys Inc

Nasdaq:GNSS

GNSS Rankings

#4305 Ranked by Market Cap
#4361 Ranked by Stock Gains
N/A Ranked by Dividends

GNSS Stock Data

96.42M
34.80M
3.72%
54.87%
0.5%
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