Genasys Inc.

Genasys, Inc. engages in the provision of critical communications hardware and software solutions and a multi-channel approach to deliver geo-targeted alerts, notifications, instructions, and information before, during, and after public safety threats and critical business events. Its communications platform includes Genasys Emergency Management (GEM) applications, National Emergency Warning Systems (NEWS), and LRAD long-range voice broadcast systems. The firm operates through the following segments: Hardware and Software. The company was founded by Elwood G. Norris in 1980 and is headquartered in San Diego, CA.

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Genasys Inc. reports strong international growth and SaaS award win

Genasys Inc. saw strong international performance and a significant SaaS award win from Aramco, driving growth in fiscal '23.
While facing challenges with increased operating expenses and a decline in revenue, the company is focused on expanding its SaaS business.
Opportunities lie in leveraging the Aramco deal, showcasing the combined platform, and redefining mass notification for emergent situations.
Efficient cash management and successful integration of Zonehaven with GEM are crucial for future success and revenue growth.

Genasys Inc. reports Q2 revenue decline but anticipates EBITDA growth

Genasys Inc. navigated challenges in Q2 2023 with a focus on software revenue growth and strategic investments, positioning for future success.
While facing revenue declines and margin pressures, the company's emphasis on innovation and market positioning reflects resilience and adaptability.
Anticipated positive adjusted EBITDA in the second half of fiscal 2023 signals operational improvements and potential for financial recovery and growth.
Engagement with key clients and upcoming sales initiatives offer avenues for revenue expansion and market development, despite current challenges.

Genasys Inc. reports mixed Q3 results, focuses on software growth

Genasys Inc. delivered a mixed performance in Q3 2023, with strong software revenue growth offset by delays in hardware bookings and inflationary pressures impacting margins.
The company's strategic focus on software solutions and the successful launch of Genasys Protect position it well for future growth and market expansion.
While facing short-term challenges, Genasys maintains a solid financial position and has opportunities to capitalize on market demand for emergency planning solutions.
Efficient cost management, operational optimization, and leveraging its cash reserves will be crucial for Genasys to navigate challenges and drive sustainable growth.

Genasys Inc. reports Q4 challenges, eyes software growth in 2024

Genasys Inc. navigated challenges in Q4 2023, with software performing well but hardware facing delays, prompting strategic responses.
The company's focus on software growth, strategic acquisitions, and partnerships positions it for revenue expansion and market competitiveness.
Despite setbacks, Genasys aims for profitability and growth in fiscal 2024, leveraging opportunities in software, partnerships, and market recognition.
Addressing challenges in hardware and seizing opportunities in software and partnerships will be key for Genasys' success in the upcoming fiscal year.

Genasys Inc. reports mixed Q1 results, sees growth opportunities ahead

Genasys Inc. faces challenges with lower quarterly revenues but shows strength in increased hardware bookings and recurring software revenue growth.
The company's transition to a balanced hardware-software business model is progressing well, despite some financial hurdles.
Opportunities lie in the success of the Genasys Protect platform, the Puerto Rico project, and potential larger deals in the pipeline.
Overall, Genasys is navigating challenges while leveraging strengths and opportunities to drive future growth and profitability.

Genasys Inc. reports strong software growth but faces hardware revenue challenges

Genasys Inc. showcased strong growth in its software business but faced challenges with declining hardware revenues, resulting in an operating loss.
The company's strategic initiatives, new board members, and successful projects position it well for future growth and profitability.
With a focus on leveraging opportunities in key projects and markets, Genasys Inc. aims to enhance financial performance and operational efficiency.
Management's discussion of forward-looking statements and operational metrics reflects a proactive approach to driving sustainable growth and value for shareholders.

Genasys Inc. reports Q3 revenue dip, eyes international growth

Genasys Inc. navigated a mixed Q3 with revenue decline but software business growth. The company faces challenges with profitability amid rising expenses and revenue timing uncertainties. However, opportunities exist in international expansion and synergies between product lines.

Genasys Inc. reports challenging 2024 but eyes growth in SaaS

Genasys Inc. faced financial headwinds in 2024 but showcased resilience through strong software bookings growth and international market expansion.
The company's focus on recurring software revenue and SaaS business growth sets a positive trajectory for fiscal 2025 despite challenges in hardware sales.
With a strategic outlook towards acquisitions and market expansion, Genasys aims to capitalize on opportunities for sustained growth and improved financial performance.

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Company On Track for Record Fiscal Year Revenues and Bookings Company On Track for Record Fiscal Year Revenues and Bookings

Genasys Inc. Announces $18.3 Million U.S. Army LRAD® 450XL Systems Order

Genasys to Power Public Alert and Warning Services for California's 4th Largest County in Area Size Genasys to Power Public Alert and Warning Services for California's 4th Largest County in Area Size

Genasys Inc. Awarded Mass Notification and Emergency Management Software Services Contract from Riverside County, California

Critical communications systems and solutions provider Genasys Inc (NASDAQ: GNSS) bagged an enterprise software services contract from a major automobile manufacturer for its North American operations effective March 15. Genasys Enterprise was deployed at the automaker's production facility and 23 other corporate sites to ensure the delivery of life safety and other critical event notifications to Canada and the 12 U.S. states.

Genasys Bags Multi-Year Enterprise Software Services Contract From Major Automaker

SAN DIEGO, March 23, 2021 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced an enterprise software services contract from a major automobile manufacturer for its operations in North America. Genasys Enterprise software services went live with the manufacturer on March 15th, replacing a competitor's system.

Genasys Inc. Receives Multi-Year Enterprise Software Services Contract from Global Automaker

SAN DIEGO, March 11, 2021 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced a project from its Canadian subsidiary, Genasys Communications Canada , to test the Company's Contact Tracking™ software for government of Canada COVID-19 cases and vaccinations. The project leverages the proprietary automated events, situational awareness, and geofencing capabilities of the Genasys Emergency Management (GEM) platform.

Genasys Inc. Announces Government of Canada COVID and Vaccination Tracking Software Project

SAN DIEGO, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced a four-year contract to provide software services for the Spain Ministry of the Interior (MOI), a department of the government responsible for public safety, national security, law enforcement, immigration and civil defense.

Genasys Inc. Awarded Software Services Contract from Spain Ministry of the Interior

SAN DIEGO, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Genasys Inc. ( NA S D AQ: GNSS ) , the global leader in critical communications systems and solutions, today announced financial results for the Company's fiscal first quarter ended December 31, 2020.

Genasys Inc. Reports Fiscal First Quarter 2021 Financial Results

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Genasys Inc. Opens International Offices in Singapore and Dubai as Part of Regional Expansion

SAN DIEGO, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced a $5.1 million follow-on LRAD ® 450XL order from the U.S. Army (Army). This is the third follow-on order in calendar 2020 and the fifth LRAD 450XL order received under the Army's Acoustic Hailing Device (AHD) program of record.

Genasys Inc. Receives $5.1 Million Follow-On Order from U.S. Army

SAN DIEGO, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced that it has received a highly competitive research and development contract from the U.S. Navy (Navy) under its Small Business Innovation Research (SBIR) program. The Focused Enhanced Acoustic Driver Technologies research will focus on developing smaller, lighter, louder and more cost-effective acoustic driver technologies.

Genasys Inc. Awarded U.S. Navy SBIR Program Research & Development Contract

Genasys Inc. (GNSS) CEO Richard Danforth on Q4 2020 Results - Earnings Call Transcript

Genasys (GNSS) delivered earnings and revenue surprises of 100.00% and 0.29%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Genasys (GNSS) Q4 Earnings and Revenues Surpass Estimates

SAN DIEGO, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Genasys Inc . ( NA S D AQ: GNSS ) , the global leader in critical communications systems and solutions, today announced record fiscal fourth quarter and fiscal year revenues and net income in its financial results for the Company's fiscal year ended September 30, 2020.

Genasys Inc. Reports Record Fiscal Year 2020 Financial Results

Genasys (GNSS) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

Genasys (GNSS) Looks Good: Stock Adds 7.9% in Session

SAN DIEGO, Nov. 30, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced that members of its executive management team are scheduled to present at the Northland Capital Markets IoT, AI and Safety Virtual Conference on December 7, 2020. Management will also participate in one-on-one meetings with investors registered to attend the conference.

Genasys Inc. to Present at Northland Capital Markets IoT, AI and Safety Conference 2020

SAN DIEGO, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced plans to release financial results for its fiscal year, ended September 30, 2020, after the market close on Wednesday, December 9, 2020. A conference call to discuss the fiscal year financial results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time.

Genasys Inc. Schedules Fiscal Year 2020 Financial Results Conference Call for December 9, 2020, 4:30 p.m. ET

SAN DIEGO, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced orders totaling $2.6 million from the U.S. Army National Guard, U.S. Navy, U.S. Air National Guard and U.S. Air Force.

Genasys Inc. Announces $2.6 Million in U.S. Defense Orders

SAN DIEGO, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Genasys Inc (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced that members of its executive management team are scheduled to present at the Stephens Annual Investment Conference on Thursday, November 19, 2020. Management will also participate in one-on-one meetings with investors registered to attend the conference.

Genasys Inc. to Present at Stephens Annual Investment Conference

SAN DIEGO, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced $1.6 million in international orders for LRAD ® 450XL and LRAD 1000Xi acoustic hailing devices (“AHDs”) and Genasys™ 360XL public safety mass notifications systems.

Genasys Inc. Receives $1.6 Million in International Law Enforcement, Homeland Security and Mass Notification Orders

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Why Genasys (GNSS) Stock is a Compelling Investment Case

SAN DIEGO, Oct. 13, 2020 (GLOBE NEWSWIRE) -- October 13, 2020 – Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced record fiscal year U.S. law enforcement sales of $1.3 million, up 30% over fiscal year 2019. This is the Company's second consecutive fiscal year of record domestic law enforcement sales.

Genasys Inc. Announces Record Fiscal Year Domestic Law Enforcement Sales

Amika Mobile Renamed Genasys Communications Canada Amika Mobile Renamed Genasys Communications Canada

Genasys Inc. Closes Acquisition of Enterprise Software Provider, Amika Mobile

SAN DIEGO, Sept.  29, 2020  (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced that it has been awarded a multi-year contract from a second mobile telecom carrier to deliver emergency alerts for Australia’s next-generation early warning system. The Company recently announced it had been awarded a multi-year contract from mobile network operator, Optus. Australia's Emergency Alert System helps keep residents and visitors informed and safe during bushfires and other critical events.

Genasys Inc. Receives Second Multi-Year Contract  to Power Delivery of Emergency Alerts in Australia

SAN DIEGO, Sept.  24, 2020  (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced competitively awarded contracts from the University of California, Irvine, the North Coast Water District in Pacifica, CA and the City of Newport Beach, CA for Genasys Emergency Management (GEM) software services.

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