Genasys FY26 Q3 GAAP net loss narrows to $4.7 million; revenue falls to $7.3 million

Reuters2026/08/13 20:24

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Genasys posted fiscal Q3 2026 revenue of USD 7.3 million, down 26.06% from a year earlier.
GAAP net loss narrowed to USD 4.7 million, or USD 0.10 per share.
Gross margin rose to 57.1%, up 30.8 percentage points, driven by a higher mix of software revenue.
Non-GAAP adjusted EBITDA improved to a loss of USD 3.1 million.
Extended USD 15.2 million term-loan maturity to July 13, 2027; monthly amortization of USD 1 million starts Oct. 1, 2026.
Booked follow-on orders: USD 3 million from the U.S. Army; USD 4.4 million from a large utility for LRAD 950NXT systems.
CEO Richard Danforth cited delayed CROWS II deliveries, paced Puerto Rico project work; said constraints resolved, payments now arriving.
Backlog topped USD 69 million entering fiscal Q4; expects a strong quarter, reiterating expectations for record revenue and profitability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genasys Inc- published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Genasys FY26 Q3 GAAP net loss narrows to $4.7 million; revenue falls to $7.3 million

You may also like

Crypto prices