Genasys Inc. Reports Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results
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Genasys Inc. reported its fiscal fourth quarter and full year 2024 financial results, highlighting a challenging year financially due to the completion of a prior program with the US Army and poor bookings in fiscal 2023.
December 09, 2024 | 9:30 pm
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Genasys Inc. reported a challenging fiscal year 2024 due to the end of a US Army program and poor bookings in 2023, impacting financial performance.
The financial results indicate a challenging year for Genasys, primarily due to the completion of a significant program with the US Army and poor bookings in the previous fiscal year. This is likely to negatively impact investor sentiment and the stock price in the short term.
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