---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033878"
form_type: "8-K"
ticker: "GNSS"
cik: "0000924383"
company_name: "Genasys Inc."
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:41:01.880295+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genasys FY2023 revenue down 13.5%; Q4 loss widens; software ARR grows 43%

## Summary
- Q4 revenue $10.7M vs $16.0M YoY (-33%); FY revenue $46.7M vs $54.0M (-13.5%).
- Q4 GAAP net loss ($10.1M) or ($0.27)/share vs ($13.8M) or ($0.38)/share YoY; adjusted loss ($0.07)/share.
- FY GAAP net loss ($18.4M) or ($0.50)/share vs ($16.2M) or ($0.44)/share; adjusted loss ($0.30)/share.
- Software recurring revenue up 43% YoY in Q4; expects FY2024 software revenue to more than double YoY.
- Completed Evertel acquisition and $10.6M share offering after quarter end; cash balance $10.1M.

## SEC filing metadata
- accession: 0001437749-23-033878
- form_type: 8-K
- ticker: GNSS
- cik: 0000924383
- company_name: Genasys Inc.
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924383/000143774923033878/0001437749-23-033878-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924383/000143774923033878/gnss20231206_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033878
- JSON: https://secwatch.observer/filing/0001437749-23-033878.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033878.txt

## Key facts
- Earnings Releases
  Genasys Inc. reported the fiscal fourth quarter ended September 30, 2023 results: revenue $10.7 million, net income ($10.1) million, EPS ($0.27).
  - Period: the fiscal fourth quarter ended September 30, 2023
  - Revenue: $10.7 million
  - Net income: ($10.1) million
  - EPS: ($0.27)
  - Result: reported results
  source text: Revenue of $10.7 million, versus $16.0 million in 4Q 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/924383/000143774923033878/0001437749-23-033878-index.htm
- Earnings Releases
  Genasys Inc. reported the fiscal year ended September 30, 2023 results: revenue $46.7 million, net income ($18.4) million, EPS ($0.50). Guidance raised.
  - Period: the fiscal year ended September 30, 2023
  - Revenue: $46.7 million
  - Net income: ($18.4) million
  - EPS: ($0.50)
  - Guidance: raised
  - Result: reported results
  source text: net loss of ($2.7) million vs. ($0.7) million in 4Q 2022. Adjusted net loss per share of ($0.07) vs. ($0.02) per share in 4Q 2022 Fiscal 2023 Financial Summary ● Revenue of $46.7 million, versus $54.0 million in fiscal 2022 ● GAAP operating loss of ($11.0) million, versus ($15.5) million in fiscal 2022. ● Adjusted EBITDA of ($6.8) million, versus $2.4 million in
  evidence_url: https://www.sec.gov/Archives/edgar/data/924383/000143774923033878/0001437749-23-033878-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.