Genasys Q3 EPS $(0.15), Inline, Sales $7.17M Beat $6.93M Estimate
Portfolio Pulse from Benzinga Newsdesk
Genasys (NASDAQ:GNSS) reported Q3 EPS of $(0.15), meeting analyst estimates, and sales of $7.17M, beating the $6.93M estimate. However, both EPS and sales showed significant declines compared to the same period last year.

August 06, 2024 | 9:20 pm
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Genasys reported Q3 EPS of $(0.15), meeting analyst estimates, and sales of $7.17M, beating the $6.93M estimate. However, both EPS and sales showed significant declines compared to the same period last year.
While Genasys met EPS estimates and slightly beat sales estimates, the significant year-over-year declines in both EPS and sales are likely to negatively impact investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100