Quarterly ResultAug 13, 2026, 04:23 PM
Genasys 9-Month Net Loss Narrows to $4.77M; Revenue Up 68%
AI Summary
Genasys Inc. reported a significant narrowing of its net loss for the nine months ended June 30, 2026, to $4.77 million, alongside a 68% increase in total revenues to $39.87 million. For the three-month period, net loss also improved to $4.68 million, despite a decrease in total revenues to $7.30 million. However, the company's stockholders' equity shifted to a deficit of $(1.32) million.
Key Highlights
- Net loss for the nine months ended June 30, 2026, narrowed to $4.77 million from $16.70 million in prior year.
- Total revenues for the nine months ended June 30, 2026, increased 68% to $39.87 million from $23.73 million.
- Net loss for the three months ended June 30, 2026, improved to $4.68 million from $6.49 million in prior year.
- Total revenues for the three months ended June 30, 2026, decreased to $7.30 million from $9.86 million.
- Stockholders' (deficit) equity was $(1.32) million as of June 30, 2026, compared to $2.17 million.
- Net cash used in operating activities for nine months improved to $5.05 million from $11.27 million.
- Remaining performance obligations totaled $21.40 million as of June 30, 2026.
Price Impact
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