Genasys Q3 revenue $12.6M (+6%); record bookings $44.3M; net income $0.3M vs $1.5M

Genasys Inc.

2021-Q3 EPS reported $0.00 revenue$31,956,000

Revenue $12.6M (+6% YoY), net income $0.3M ($0.01 EPS) vs $1.5M prior year.
Record quarterly bookings of $44.3M; backlog $37.7M; on track for record fiscal year revenue.
Gross margin 53.0% (vs 54.1%); operating expenses up 38% to $6.2M on sales/marketing hires.
Acquired Zonehaven (evacuation software); cash used for acquisitions lowered cash to $22.8M.
Nine-month revenue $32.0M (+10%); net loss $0.1M vs net income $2.4M prior year.

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