Genasys Inc reports results for the quarter ended in March - Earnings Summary

Genasys

09/05/2023 24:27

* Genasys Inc  GNSS.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 7
cents per share.
    * Revenue fell 14.8% to $11.21 million from a year ago;
analysts
expected $12.29 million. 
    * Genasys Inc's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 44.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Genasys Inc shares had held steady so far this quarter and
lost 20.3% so far this year.
    * The company reported a quarterly loss of $3.4 million.
    * Wall Street's median 12-month price target for Genasys Inc
is
$6.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
8 at 11:27 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.07          -0.09          Missed
 Dec. 31 2022      -0.05          -0.10          Missed
 Sep. 30 2022      -0.01          -0.02          Missed
 Jun. 30 2022      -0.02          -0.02          Met