Genasys (NASDAQ:GNSS) Releases Earnings Results, Misses Expectations By $0.04 EPS

Genasys (NASDAQ:GNSS) issued its quarterly earnings results on Tuesday. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.04), Zacks reports. The firm had revenue of $5.74 million during the quarter, compared to the consensus estimate of $7.05 million. Genasys had a negative net margin of 71.72% and a negative return on equity of 45.23%. During the same quarter last year, the firm earned ($0.09) earnings per share.

Genasys Stock Performance

GNSS traded up $0.03 on Friday, hitting $1.93. 3,696 shares of the company were exchanged, compared to its average volume of 81,639. The stock’s fifty day moving average is $2.13 and its 200-day moving average is $1.89. The company has a market cap of $84.83 million, a PE ratio of -3.06 and a beta of 0.50. Genasys has a 12 month low of $1.51 and a 12 month high of $3.92.

Genasys Company Profile

Genasys Inc engages in the design, development, and commercialization of critical communications hardware and software solutions to alert, inform, and protect people principally in North and South America, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Hardware and Software.