STOCK TITAN

Genasys Inc - GNSS STOCK NEWS

Welcome to our dedicated page for Genasys news (Ticker: GNSS), a resource for investors and traders seeking the latest updates and insights on Genasys stock.

Overview of Genasys Inc

Genasys Inc (NASDAQ: GNSS) is an innovative provider of protective communications solutions that span cutting-edge hardware and sophisticated software platforms. The company is dedicated to ensuring that organizations, public safety agencies, and military forces are "Ready when it matters™" by delivering real-time, multi-channel alerts through its advanced LRAD (Long Range Acoustic Device) offerings and the comprehensive Genasys Protect software platform. Utilizing industry-leading technologies, Genasys integrates sensor data, IoT inputs, and targeted acoustic messaging to enable immediate and intelligible communication during a range of emergency scenarios.

Core Business Segments

Genasys operates two primary business segments: Hardware and Software. The hardware segment focuses on the design and distribution of LRAD systems. These systems provide directed sound solutions capable of transmitting clear voice messages and alert tones over distances spanning several kilometers. This technology is meticulously engineered for diverse applications, including maritime security, perimeter protection, and large-scale emergency warnings. In parallel, the software segment encompasses the Genasys Protect platform. This platform collects and analyzes diverse data streams from sensors and IoT devices to assess evolving situations and distribute life-saving alerts swiftly and accurately through various channels.

Technological Integration and Capabilities

At the heart of Genasys’ offering is its ability to fuse robust hardware with smart, data-driven software solutions. The LRAD systems are engineered with rugged reliability for both fixed and mobile deployments in harsh conditions, ensuring that audible alerts retain clarity even in noisy environments. The Genasys Protect platform incorporates advanced analytics and real-time decision support, enabling emergency managers to trigger notifications, warnings, and instructions with precision. This integration not only enhances operational response times but also supports proactive measures in the face of active threats and critical events.

Industry Applications and Market Reach

Genasys serves a broad spectrum of sectors across the globe. Its applications include:

  • Public Safety and Emergency Management: Facilitates rapid communication during natural disasters, mass emergencies, and critical public events by enabling early warnings and strategic evacuations.

  • Government and Military: Supports tactical operations and enhances situational awareness through indisputable long-range communication solutions that aid in de-escalation and threat assessment.

  • Critical Infrastructure Protection: Safeguards key installations and facilities, including ports, dam infrastructures, and border security zones, with comprehensive alert and notification systems.

  • Enterprise and Commercial Sectors: Improves crisis management in industries like oil and gas, utilities, manufacturing, and automotive, where rapid decision-making is crucial for operational continuity.

Competitive Position and Market Significance

Genasys Inc has established a significant presence within the emergency communications market, leveraging extensive experience and expertise in acoustic technology and data analytics. Its portfolio not only serves as a robust solution for immediate threat communication but also provides critical decision support through integrated software solutions. This dual approach enables Genasys to address a wide range of scenarios where clear, targeted communication is vital for mitigating risk and saving lives. The company’s balanced emphasis on hardware reliability and software intelligence positions it distinctively against competitors, particularly in high-stakes environments that require precise, scalable communication solutions.

Operational Excellence and Industry Expertise

The management team at Genasys boasts a deep reservoir of experience in engineering, manufacturing, operations, and marketing. This interdisciplinary expertise ensures that the technology is not only innovative but also rigorously aligned with the complex demands of modern emergency management and protective communications. By consistently integrating technical innovation with practical application, Genasys builds trust and demonstrates authoritative leadership in its sector.

Conclusion

With a steadfast commitment to protecting lives during critical events, Genasys Inc continues to evolve its technology and solutions. Its comprehensive approach—melding robust LRAD hardware with a dynamic, data-focused software platform—cements its role as a pivotal player in the global protective communications landscape. The company’s offerings remain evergreen, delivering reliable, clear communication during emergencies and ensuring that organizations are equipped with the tools needed for rapid, informed decision-making.

Rhea-AI Summary
Genasys Inc. announced the closing of its public offering, raising approximately $11.5 million. The net proceeds will be used for general corporate purposes and research and development activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
-
Rhea-AI Summary
Genasys Inc. partners with Tablet Command to provide real-time access to evacuation zones, enhancing situational awareness for first responders during fire-related incidents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.53%
Tags
none
-
Rhea-AI Summary
Genasys Inc. announced the pricing of its public offering of 5,000,000 shares of common stock at $2.00 per share, with gross proceeds of $10 million. The underwriters have an option to purchase up to 750,000 additional shares. The offering is expected to close on October 2, 2023. The net proceeds will be used for general corporate purposes and post-closing integration with Genasys of the Evertel business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.53%
Tags
Rhea-AI Summary
Genasys Inc. plans to offer shares of its common stock in an underwritten public offering. The offering is subject to market conditions and the company expects to grant the underwriters a 30-day option to purchase additional shares. The net proceeds will be used for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.53%
Tags
-
Rhea-AI Summary
Genasys Inc. has entered into a definitive agreement to acquire Evertel Technologies for $5.8 million in a cash and stock deal. The combination of the two solutions aims to revolutionize inter and intra agency collaboration in public safety. The acquisition is expected to close in the first week of October.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.12%
Tags
-
Rhea-AI Summary
Genasys Inc. provides additional information on the need for Protective Communications and the growth in its sales pipeline. Recent natural disasters highlight the importance of safety officers and public officials in crisis management. Genasys' Genasys Protect platform offers comprehensive solutions for protecting employees and constituents. The company has a pipeline of hardware business three times the size it was a year prior and a 156% year-over-year growth in Genasys Protect deals. However, delays in hardware bookings have led to a 15% decrease in full-year revenues and a revised outlook for Q4 2023 revenues of at least $10 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.59%
Tags
none
Rhea-AI Summary
Genasys Inc. announces $1.6M in LRAD orders from the Department of Defense.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
none
-
Rhea-AI Summary
Genasys (NASDAQ: GNSS) announces City of Boston's deployment of Genasys Protect™, a protective communications platform, to inform residents and visitors about city updates and protect against critical events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
-
Rhea-AI Summary
Genasys Inc. receives $1.9 million order from Vietnam Military of Defense for LRAD solutions, bringing total investment to $4.8 million since 2019.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
none
Rhea-AI Summary
Genasys Inc. (GNSS) announced financial results for the Company’s fiscal third quarter ended June 30, 2023. Revenue was $14.3 million, with a GAAP net loss of ($1.4) million. The company expects Fiscal 2023 to be down from Fiscal 2022 with fourth quarter revenues approximately 5% below the prior quarter. Recurring revenue is up 47% year over year, and year-to-date software bookings are up 180%. Adjusted EBITDA was ($0.4) million, versus profit of $0.4 million in 3Q 2022. The company is investing in diversifying its business and expects software ARR and revenue growth next fiscal year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
Tags

FAQ

What is the current stock price of Genasys (GNSS)?

The current stock price of Genasys (GNSS) is $1.9 as of April 8, 2025.

What is the market cap of Genasys (GNSS)?

The market cap of Genasys (GNSS) is approximately 89.6M.

What primary solutions does Genasys Inc offer?

Genasys provides a comprehensive suite of protective communications solutions including advanced LRAD hardware and the Genasys Protect software platform for emergency alerting.

How does the Genasys Protect platform function?

The platform aggregates data from a variety of sensors and IoT inputs, applies predictive analytics, and facilitates real-time alerts and notifications to enhance situational awareness during emergencies.

Which market segments does Genasys serve?

Genasys serves a diverse range of sectors including public safety agencies, government and military organizations, critical infrastructure protection, and commercial enterprises across multiple regions.

What are LRAD systems and their applications?

LRAD systems are Long Range Acoustic Devices capable of transmitting directed, intelligible sound messages over long distances, and are used for emergency warnings, maritime security, and perimeter protection.

How does Genasys integrate hardware and software solutions?

The company seamlessly combines its rugged, high-performance LRAD hardware with a dynamic software platform that leverages data analytics from sensors to provide timely, multi-channel communications.

What distinguishes Genasys' approach in the competitive landscape?

Genasys distinguishes itself through its dual focus on reliable hardware and intelligent software solutions, offering a robust and integrated system designed to respond effectively to a wide range of emergency scenarios.

How does Genasys ensure the clarity and reliability of its communication systems?

Through state-of-the-art engineering and rigorous testing, Genasys LRAD systems deliver ultra-intelligible messages even in challenging environments, while the software platform ensures rapid and coordinated alert dissemination.
Genasys Inc

Nasdaq:GNSS

GNSS Rankings

GNSS Stock Data

89.60M
41.57M
6.98%
52.57%
1.72%
Scientific & Technical Instruments
Household Audio & Video Equipment
Link
United States
SAN DIEGO