Quarterly ResultJul 30, 2026, 04:18 PM
Genasys Reports Preliminary Q3 Revenue $7.0-7.5M; Adj. EBITDA Loss ($3.0-3.3M)
AI Summary
Genasys Inc. announced preliminary fiscal third quarter 2026 results, expecting total revenue between $7.0 million and $7.5 million. This was impacted by supply chain constraints for the CROWS II program and payment delays for the Puerto Rico Dams EWS project, both of which have since been resolved or are being addressed. Gross margins are anticipated to be 55% to 58%, with an adjusted EBITDA loss of ($3.0) million to ($3.3) million. The company expects a strong fiscal fourth quarter, with full-year expectations remaining intact, and will host a conference call on August 13, 2026, to discuss complete results.
Key Highlights
- Preliminary Q3 2026 total revenue expected: $7.0 million to $7.5 million.
- Preliminary Q3 2026 gross margins expected: 55% to 58%.
- Preliminary Q3 2026 adjusted EBITDA loss expected: ($3.0) million to ($3.3) million.
- Backlog exiting Q3 was approximately $69 million.
- Supply chain issues for CROWS II resolved; revenue expected in Q4.
- Puerto Rico Dams EWS project payments resumed; work to accelerate in Q4.
- Company expects record revenue and profitability for the full year.
- Conference call for full results scheduled for August 13, 2026.
Price Impact
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