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Genasys (GNSS) Reports Q1 Loss, Tops Revenue Estimates
GNSSGenasys (GNSS) ZACKS·2025-02-11 23:16

Company Performance - Genasys reported a quarterly loss of 0.09pershare,betterthantheZacksConsensusEstimateofalossof0.09 per share, better than the Zacks Consensus Estimate of a loss of 0.16, and an improvement from a loss of 0.15pershareayearago[1]−Thequarterlyreportrepresentsanearningssurpriseof43.750.15 per share a year ago [1] - The quarterly report represents an earnings surprise of 43.75%, contrasting with a previous quarter where the company reported a larger loss than expected [2] - Revenues for the quarter ended December 2024 were 6.94 million, exceeding the Zacks Consensus Estimate by 5.26% and up from 4.36millionyear−over−year[3]StockPerformance−Genasysshareshaveincreasedbyapproximately12.34.36 million year-over-year [3] Stock Performance - Genasys shares have increased by approximately 12.3% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [4] - The current consensus EPS estimate for the upcoming quarter is -0.11 on revenues of 9.71million,andforthecurrentfiscalyear,itis−9.71 million, and for the current fiscal year, it is -0.27 on revenues of $55.65 million [8] Industry Outlook - Genasys operates within the Consumer Services - Miscellaneous industry, which is currently ranked in the bottom 10% of over 250 Zacks industries [9] - The performance of Genasys may be influenced by the overall outlook of the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9]