Genasys Q2 revenue more than doubles

Genasys

14/05/2026 21:19

Overview

US protective communications provider's fiscal Q2 revenue rose yr/yr but missed analyst expectations

Adjusted EBITDA for fiscal Q2 beat analyst expectations, reflecting improved profitability

Company returned to net income profitability, driven by higher hardware revenue and lower expenses

Outlook

Genasys expects record revenue for fiscal 2026

Company sees gross margins over 50% and net income profitability in fiscal 2026

Genasys says its sales pipeline remains robust, reflecting sustained demand for its products

Result Drivers

HARDWARE REVENUE - Co said higher hardware revenue was the primary driver of increased gross margin in the quarter

LOWER OPERATING EXPENSES - Co said reductions in operating expenses, especially selling, general and administrative costs, contributed to improved net income

Company press release: ID:nBw3BJNPCa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$15.51 mln
$15.93 mln (3 Analysts)
Q2 EPS
$0.02
Q2 Net Income
$723,000
Q2 Adjusted EBITDA
Beat
$2.52 mln
$459,000 (3 Analysts)
Q2 Gross Profit
$9.82 mln
Q2 Income From Operations
$1.28 mln
Q2 Pretax Profit
$868,000


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for Genasys Inc is $4.50, about 143.2% above its May 13 closing price of $1.85

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 28 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)