Genasys Inc. ( (GNSS) ) has released its Q2 earnings. Here is a breakdown of the information Genasys Inc. presented to its investors.
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Genasys Inc., a leader in Protective Communications, specializes in preparedness, response, and analytics software and systems, serving public safety agencies globally. In its fiscal second quarter of 2025, Genasys reported a revenue increase to $6.9 million, reflecting a 21% growth compared to the previous year. The company is advancing in its Puerto Rico dams project and anticipates significant revenue growth in the latter half of the fiscal year. Key financial metrics include a reduced GAAP net loss of $6.1 million and an adjusted EBITDA of ($5.1) million. Strategic highlights feature a $2.5 million booking with the US Military and a partnership with FloodMapp. Looking ahead, Genasys expects substantial revenue from the Puerto Rico project and anticipates further hardware and software contracts to bolster future business prospects.