Genasys Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters
09 Dec 2024
  • Genasys Inc GNSS.OQ reported a quarterly adjusted loss of 26 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of three analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -12 cents to -11 cents per share.

  • Revenue fell 37% to $6.74 million from a year ago; analysts expected $9.03 million.

  • Genasys Inc's reported EPS for the quarter was a loss of 26 cents​.

  • The company reported a quarterly loss of $11.39 million.

  • Genasys Inc shares had risen by 9.6% this quarter and gained 92.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 13.3% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Genasys Inc is $4.75

This summary was machine generated from LSEG data December 9 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

-0.11

-0.26

Missed

Jun. 30 2024

-0.14

-0.15

Missed

Mar. 31 2024

-0.13

-0.16

Missed

Dec. 31 2023

-0.10

-0.15

Missed

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