Genasys Inc reports results for the quarter ended December 31 - Earnings Summary

• Genasys Inc GNSS.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -15 cents. The mean expectation of three analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -17 cents to -16 cents per share.

• Revenue rose 59.1% to $6.94 million from a year ago; analysts expected $6.60 million.

• Genasys Inc's reported EPS for the quarter was a loss of 9 cents​.

• The company reported a quarterly loss of $4.08 million.

• Genasys Inc shares had risen by 12.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 69% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Genasys Inc is $5.50

This summary was machine generated from LSEG data February 11 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)