Genasys Inc. ( (GNSS) ) has released its Q3 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 hardware systems, serving public safety agencies worldwide. In its fiscal third quarter of 2025, Genasys reported a revenue increase to $9.9 million, up from $7.2 million in the same quarter of 2024, despite facing challenges in its software segment due to federal funding uncertainties. The company’s hardware business saw significant growth, with a 50% increase in revenue, largely driven by projects like the Puerto Rico Early Warning System and potential orders from the US Army. However, Genasys reported a GAAP net loss of $6.5 million, slightly improved from the previous year’s loss of $6.7 million, and implemented cost reduction measures expected to save $2.5 million annually starting in fiscal 2026. Looking ahead, Genasys anticipates significant revenue and profit growth from its ongoing projects, particularly in Puerto Rico, and remains optimistic about future hardware bookings and improved software deal conversions as federal funding stabilizes.