Genasys Inc. Reports Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results
Genasys Inc. (GNSS)
Last genasys inc. earnings: 2/10 04:05 pm
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Source: Business Wire
Record Fiscal 2024 Bookings of $111 MillionStarting Fiscal 2025 with 12-month Backlog of $40 Million SAN DIEGO--(BUSINESS WIRE)--Genasys Inc. (NASDAQ: GNSS), the leader in Protective Communications Solutions and Systems, today announced financial results for the Company’s fiscal fourth quarter and full year ended September 30, 2024.Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, “Looking back, fiscal year 2024 was a challenging year from a financial perspective. With the completion of the prior program of record with the US Army and poor bookings in fiscal 2023, we started 2024 with less than $7 million of total backlog. Though we were able to book and bill just over $17 million within the fiscal year, the revenue and subsequent margins throughout 2024 were well below expectations.”Danforth continued, “Fiscal 2024 did have a number of important positive milestones that now set the Company up for substantial growth in 2025 and beyond. The Puerto Rico dam co
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News
- Genasys Provides Calendar Year End Status Report [Yahoo! Finance]Yahoo! Finance
- Genasys Provides Calendar Year End Status ReportBusiness Wire
- Analysts Just Slashed Their Genasys Inc. (NASDAQ:GNSS) EPS Numbers [Yahoo! Finance]Yahoo! Finance
- Genasys Inc. (NASDAQ: GNSS) had its price target raised by analysts at Ascendiant Capital Markets from $4.75 to $5.50. They now have a "buy" rating on the stock.MarketBeat
- Independent Chairman of the Board of Genasys Richard Osgood Buys 26% More Shares [Yahoo! Finance]Yahoo! Finance
GNSS
Earnings
- 12/9/24 - Miss
GNSS
Analyst Actions
- 12/16/24 - Ascendiant Capital
GNSS
Sec Filings
- 12/20/24 - Form S-3
- 12/17/24 - Form 4/A
- 12/16/24 - Form 4
- GNSS's page on the SEC website