Genasys Reports Q2 Revenue of $15.5M, Exceeding Expectations
Reports Q2 rervenue $15.5M, consensus $15.2M. "The fiscal second quarter marked an important inflection point, headlined by a return to net income profitability and a roughly 63% gross margin," said Richard Danforth, Genasys' Chief Executive Officer. "Consistent delivery in Puerto Rico, combined with a standout bookings quarter in software, including new-state wins in Idaho and North Carolina, reflect sustained operational discipline and accelerating sales traction. The hard work from our team is beginning to show in our financial results, and we expect this progress to continue, supported by our roughly $58 million backlog."