secwatch.observer — SEC 8-K summary
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Issuer:     Genasys Inc. (GNSS)
CIK:        0000924383
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001437749-22-020126
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genasys Q3 revenue up 12% to $14.2M; net loss $0.6M; backlog $30M
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- Revenue of $14.2M, up 12% YoY; gross margin 46.5% down 440 bps on higher component costs.
- Net loss of $0.6M ($0.02 loss per diluted share) vs net income of $0.3M last year.
- Adjusted EBITDA of $0.4M, down from $1.4M in Q3 FY2021.
- Backlog reached $30M, up $6M sequentially; SaaS revenue from Zonehaven up 144% vs Q4 FY2021.
- Reaffirms outlook for record revenue; expanded into Colorado, Oregon, and added a California county.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924383/000143774922020126/0001437749-22-020126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924383/000143774922020126/gnss20220805_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-020126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer