earnings
confidence high
sentiment neutral
materiality 0.70
Genasys Q1 revenue $6.9M (+59% YoY); net loss narrows to $4.1M
Genasys Inc.
2025-Q1 EPS reported
-$0.09
revenue$6,940,000
- Revenue $6.9M vs $4.4M YoY; software revenue +63.5%, hardware +57.1%.
- GAAP net loss ($4.1M) or ($0.09)/share vs ($6.7M) or ($0.15)/share YoY.
- Adjusted EBITDA loss ($4.8M) vs ($6.1M) YoY; gross margin improved to 45.8%.
- Backlog $40M, mostly from Puerto Rico project; cash $13.9M as of Dec 31.
- LA wildfires drove record inbound inquiries for Genasys Protect; expects new bookings.