Genasys Q2 EPS $(0.16) Misses $(0.12) Estimate, Sales $5.74M Miss $6.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Genasys Inc. (NASDAQ:GNSS) reported a Q2 EPS of $(0.16), missing the $(0.12) estimate, and sales of $5.74M, below the $6.67M estimate. This represents a significant decrease from the previous year's performance.
May 14, 2024 | 8:22 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Genasys Inc. reported a larger than expected quarterly loss and a significant decrease in sales compared to last year, indicating potential challenges ahead.
The missed earnings and sales estimates, combined with a significant year-over-year decline, suggest potential negative sentiment among investors. This could lead to short-term pressure on GNSS's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100