Genasys Inc., a communication company, designs, develops, and commercializes directed and multidirectional sound technologies, voice broadcast products, and location-based mass messaging solutions for emergency warning and workforce management worldwide. The company operates through two segments, Hardware and Software. It provides long range acoustic devices, such as acoustic hailing devices which are used to project sirens and audible voice messages; and Genasys Emergency Management, a unified software platform for cloud, on-premise or hybrid operations. The company also offers Integrated Mass Notification Solutions, including Genasys voice arrays, which project sirens and audible voice messages 60° - 360° with vocal clarity from close range to approximately 14 square kilometers; and GEM software to deliver SMS, text, email, and social media alerts to people at risk in defined geographic areas. It sells its products directly to governments, militaries, end-users, and commercial companies. The company was formerly known as LRAD Corporation. Genasys Inc. is based in San Diego, California.
IPO Year:
Exchange: NASDAQ
Website: genasys.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/16/2021 | $8.00 | Overweight | Stephens & Co. |
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Construction on First Nine Dam Sites Underway Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today provided updated information related to the previously announced $75 million contract to provide the Puerto Rico Electric Power Authority (PREPA) with an Emergency Warning System (EWS) to protect residents and visitors downstream of the island's 37 dams. Since our last update in May, significant progress has been made on the project. The full deposit for the third group of dams has been received, and physical construction is underway on 9 of the 19 dams with design approval. Essentially all hardware necessary for the first two groups has been delivered to the i
Instrumentation and Software for 1st Dam Accepted in Puerto Rico Genasys Inc. (NASDAQ:GNSS), the leader in Protective Communications, today announced financial results for the Company's fiscal third quarter ended June 30, 2025. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, "As expected, business in the second half of fiscal 2025 has accelerated dramatically. Just this morning, we finally received confirmation that the remaining deposit on the third group of dams is being transferred today. Across Puerto Rico, installation on all nine dams in the first two groups is underway. Additionally, at the end of July 2025, the US Army issued an RFQ for the initial prod
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced plans to release financial results for its fiscal third quarter ended June 30, 2025, after the market close on Thursday, August 14, 2025. A conference call to discuss the fiscal third quarter financial results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Conference call details Date: August 14, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific Toll-Free Dial-In Number: (888) 390-3967 (U.S. & Canada) International Dial-In Number: (862) 298-0702 Webcast: https://app.webinar.net/5vKnwNmje6L Please dial in 10 minutes prior to the start time and tell the operator you are calling i
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced Long Range Acoustic Device® (LRAD®) orders totaling more than $1.0M for Africa and the Middle East. Additional LRAD orders are expected this fiscal quarter. "By providing exceptional long range communication and highly effective first response capabilities, LRAD systems support the full spectrum of defense, border security, law enforcement, and critical infrastructure protection operations," said Richard Danforth, Chief Executive Officer, Genasys Inc. "LRAD systems empower border security and law enforcement agencies to cover more area with less personnel, communicate to individuals and large group
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced a $2.0 million LRAD maritime systems order from the U.S. Navy (Navy). The follow-on order is part of the Navy's ongoing replacement of first generation LRADs with new LRAD 1000Xi extended range communication and ship protection systems. The order is scheduled for delivery this fiscal year. "The LRAD 1000Xi systems are slated for deployment on Navy surface combatants, large amphibious ships, and aircraft carriers," said Richard Danforth, Chief Executive Officer of Genasys. "LRADs have provided Navy ships with extended range, over-water communication and scalable escalation of force capabilities for
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced a new strategic partnership with samdesk, a pioneer in real-time crisis detection and disruption monitoring. This collaboration brings together two trusted technologies that empower emergency managers, public safety leaders, and enterprise security teams to respond more effectively and with greater speed, clarity, and coordination to rapidly evolving critical events. The combined strength of Genasys' proven suite of protective communication solutions —used by emergency managers, public safety officials, and organizations around the world — and samdesk's AI-powered detection platform provides early
More Public Safety Leaders Signing Up for CONNECT's Fully Compliant, More Secure Collaboration and Communication Platform Genasys Inc. (NASDAQ:GNSS), the global leader In Protective Communications, today announced increasing interest and orders for CONNECT, the company's fully compliant, mission-critical communications platform for government and law enforcement. "Greater demand for CONNECT has been spurred by the ‘Signalgate' controversy, where several members of the federal government used the Signal messaging app for sensitive information sharing," said Chief Jeff Halstead (Ret.), Genasys Senior Director of Strategic Accounts. "Since the controversy, we are experiencing increasing de
Implementation Phase Has Begun Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today provided updated information related to the previously announced $75 million contract to provide Puerto Rico Electric Power Authority (PREPA) with an Emergency Warning System (EWS) to protect residents and visitors downstream of the island's 37 dams. Since signing the definitive agreement in August 2024, PREPA and Genasys have been actively working to complete the implementation. The overall project has been broken down into 7 groups of dams, that will each have an Emergency Operating Center (EOC) established. The agreement stipulates that after each group's design is approved,
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced it has partnered with ShakeAlert to integrate Earthquake Early Warning (EEW) into Genasys' Protective Communications platform under a licensed operator agreement. The ShakeAlert EEW System, managed by the U.S. Geological Survey (USGS), rapidly detects significant earthquakes, estimates the amount of shaking expected, and issues ShakeAlert Messages containing data that licensed operators use to protect people and critical infrastructure. Richard Danforth, CEO of Genasys, said, "ShakeAlert is a vital addition to our Protective Communications platform and for our ACOUSTICS customers in California. Shak
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced plans to release financial results for its fiscal second quarter ended March 31, 2025, after the market close on Tuesday, May 13, 2025. A conference call to discuss the fiscal second quarter financial results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Conference call details Date: May 13, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific Toll-Free Dial-In Number: (888) 390-3967 (U.S. & Canada) International Dial-In Number: (862) 298-0702 Webcast: https://app.webinar.net/w8nZ32YLgMY Please dial in 10 minutes prior to the start time and tell the operator you are calling in for t
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Stephens & Co. initiated coverage of Genasys with a rating of Overweight and set a new price target of $8.00
Oppenheimer resumed coverage of Genasys with a rating of Buy and set a new price target of $9.00
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Instrumentation and Software for 1st Dam Accepted in Puerto Rico Genasys Inc. (NASDAQ:GNSS), the leader in Protective Communications, today announced financial results for the Company's fiscal third quarter ended June 30, 2025. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, "As expected, business in the second half of fiscal 2025 has accelerated dramatically. Just this morning, we finally received confirmation that the remaining deposit on the third group of dams is being transferred today. Across Puerto Rico, installation on all nine dams in the first two groups is underway. Additionally, at the end of July 2025, the US Army issued an RFQ for the initial prod
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced plans to release financial results for its fiscal third quarter ended June 30, 2025, after the market close on Thursday, August 14, 2025. A conference call to discuss the fiscal third quarter financial results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Conference call details Date: August 14, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific Toll-Free Dial-In Number: (888) 390-3967 (U.S. & Canada) International Dial-In Number: (862) 298-0702 Webcast: https://app.webinar.net/5vKnwNmje6L Please dial in 10 minutes prior to the start time and tell the operator you are calling i
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced plans to release financial results for its fiscal second quarter ended March 31, 2025, after the market close on Tuesday, May 13, 2025. A conference call to discuss the fiscal second quarter financial results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Conference call details Date: May 13, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific Toll-Free Dial-In Number: (888) 390-3967 (U.S. & Canada) International Dial-In Number: (862) 298-0702 Webcast: https://app.webinar.net/w8nZ32YLgMY Please dial in 10 minutes prior to the start time and tell the operator you are calling in for t
Genasys Inc. (NASDAQ:GNSS), the leader in Protective Communications, today announced financial results for the Company's fiscal first quarter ended December 31, 2024. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, "Fiscal 2025 is rapidly shaping up to be a year of dramatic improvement. Not only are we progressing on schedule with the implementation of the Early Warning System (EWS) in Puerto Rico, but also our software solutions, particularly EVAC and CONNECT are gaining significant awareness and traction." Mr. Danforth continued, "Last month's devastating fires in Los Angeles captured local, national and even international attention. The scale and scope of th
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced plans to release financial results for its fiscal first quarter ended December 31, 2024, after the market close on Tuesday, February 11, 2025. A conference call to discuss the fiscal first quarter financial results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Conference call details Date: February 11, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific Toll-Free Dial-In Number: (888) 390-3967 (U.S. & Canada) International Dial-In Number: (862) 298-0702 Webcast: https://app.webinar.net/9v8jG6rGOo4 Please dial in 10 minutes prior to the start time and tell the operator you are ca
Record Fiscal 2024 Bookings of $111 Million Starting Fiscal 2025 with 12-month Backlog of $40 Million Genasys Inc. (NASDAQ:GNSS), the leader in Protective Communications Solutions and Systems, today announced financial results for the Company's fiscal fourth quarter and full year ended September 30, 2024. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, "Looking back, fiscal year 2024 was a challenging year from a financial perspective. With the completion of the prior program of record with the US Army and poor bookings in fiscal 2023, we started 2024 with less than $7 million of total backlog. Though we were able to book and bill just over $17 million within
Genasys Participating at ROTH 13th Annual Technology Conference Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced plans to release financial results for its fiscal year ended September 30, 2024, after the market close on Monday, December 9, 2024. A conference call to discuss the fiscal year 2024 financial results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Conference call details: Date: December 9, 2024 Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific Toll-Free Dial-In Number: (888) 390-3967 (U.S. & Canada) International Dial-In Number: (862) 298-0702 Webcast: https://app.webinar.net/gwlAD37D8WY Please dial in 10 minutes prio
SAN DIEGO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ:GNSS), the leader in Protective Communications, today announced financial results for the Company's fiscal third quarter ended June 30, 2024. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, "Genasys is making positive progress across each of its end markets. The large, announced projects with PREPA and the US Army provide long-term confidence in our hardware business. The recent improvement in international bookings also lends confidence that the broader hardware business is stabilizing." Mr. Danforth continued, "As has been the case all year, our software business continues to track in line with
SAN DIEGO, July 23, 2024 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced plans to release financial results for its fiscal third quarter, ended June 30, 2024, after the market close on Tuesday, August 6, 2024. A conference call to discuss the fiscal third quarter 2024 financial results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Conference call details: Date: August 6, 2024Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific Toll-Free Dial-In Number: (888) 390-3967 (U.S. & Canada)International Dial-In Number: (862) 298-0702Webcast: https://app.webinar.net/awpEXDdXLYd Please dial in 10 minutes prior to the start
Increased Scope in Puerto Rico Expands Opportunity to $75 million CROWS 16 Program Established SAN DIEGO, May 14, 2024 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the leader in Protective Communications, today announced financial results for the Company's fiscal second quarter ended March 31, 2024. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, "Genasys is finally turning the corner. The previously announced project in Puerto Rico has been expanded to $75 million and the final terms and conditions are expected to be completed before the end of our fiscal third quarter. Additionally, the CROWS 16 program, which is included in the U.S. 2024 DoD budget, prov
Live Leadership Updates
Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced that pursuant to a recently signed cooperation agreement, R. Rimmy Malhotra ("Rimmy") has been appointed to the Board of Directors, effective January 15, 2025. Mr. Malhotra brings decades of investor and corporate oversight experience. Richard Osgood, Chairman of the Board, said, "We welcome Rimmy to the board. Rimmy's vast experience as a seasoned board advisor will serve us well as we continue to execute on our strategic priorities and enhance value for shareholders. We are confident that his perspectives will add value in the boardroom and in the operational oversight of the company." Richard
SAN DIEGO, July 11, 2024 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ:GNSS), the global leader in Protective Communications, today announced that it has completed a deliberate reconstitution of its Board of Directors with the appointment of Mark Culhane. Chaired by Rick Osgood, the current Board consists of five outside, independent directors and the Company's CEO, Richard Danforth. Mr. Culhane takes over the vacant Audit Committee Chair position, leveraging more than 30 years of executive finance experience in both public and private companies. Concurrent with Mr. Culhane's addition, existing board member, Caltha Seymour has resigned her position. After working with Price Waterhouse for 10 y
SAN DIEGO, May 14, 2024 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ:GNSS), the global leader in protective communications, today announced that both Bill Dodd, and Craig Fugate have been nominated to and have accepted positions on Genasys' Board of Directors. The addition of Mr. Dodd and Mr. Fugate bolsters Genasys' leadership team with unique expertise in emergency management and public sector procurement processes. Senator Dodd brings more than 20 years of state and local government experience. Starting out as a small business owner, Senator Dodd began his public service with 15 years on the Napa County Board of Supervisors, eventually progressing to the state Assembly in 2014 and ultimate
SAN DIEGO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ:GNSS), the global leader in protective communications systems and solutions, today announced that it has completed the acquisition of Evertel Technologies, the leading cross-agency collaboration platform for public safety. "As the complexity, intensity, and frequency of disasters increase, mass notification is no longer adequate. Protective communications must be a stronger, strategic pillar that incorporates planning and collaboration across first responder agencies while also efficiently relaying that information to the affected community" said Richard Danforth, Chief Executive Officer of Genasys Inc. "Evertel's solut
SAN DIEGO, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ:GNSS), the global leader in critical communications systems and solutions, today announced the appointment of Dennis Walsh as the Company's Chief Revenue Officer (CRO). Mr. Walsh has more than 25 years of senior leadership experience in software business development, sales and marketing. Richard S. Danforth, Chief Executive Officer, Genasys Inc. said, "Dennis' experience building and running successful technology and software-as-a-service (SaaS) companies, makes him the ideal choice to serve as CRO and lead our sales and marketing teams. He has established high performing sales, marketing and support organizations, spearh
SAN DIEGO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ:GNSS), the global leader in critical communications systems and solutions, today announced Susan Lee and Caltha Seymour have been appointed to the Company's Board of Directors (Board) effective September 1, 2021. "We welcome Ms. Lee and Ms. Seymour to the Company's Board," said Richard Danforth, Chief Executive Officer of Genasys Inc. "They each bring extensive senior executive experience from diverse business backgrounds that will be most beneficial in expanding our worldwide business and increasing shareholder value." Ms. Lee brings more than 20 years of experience in digital marketing software, media, data analytics
SAN DIEGO, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced it has opened offices in Singapore and Dubai as part of the Company's ongoing regional expansion. The offices are staffed with business development professionals with extensive regional sales experience in Southeast Asia, the Middle East, Africa and Central Asia. “While the pandemic has severely impacted international business travel, in-person meetings and trade shows, it has significantly increased interest in mass notification solutions and LRAD® systems,” said Richard S. Danforth, Chief Executive Officer, Genasys Inc. “To mee
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