Latest news with #GenasysInc
Business Wire
24-07-2025
- Business
- Business Wire
Genasys Inc. Schedules Fiscal Third Quarter 2025 Financial Results and Conference Call
SAN DIEGO--(BUSINESS WIRE)--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: Please dial in 10 minutes prior to the start time and tell the operator you are calling in for the Genasys Fiscal Third Quarter 2025 Financial Results Call. Questions to management may be submitted before the call by emailing them to ir@ A replay of the webcast will be available approximately four hours after the presentation through the Conference Call link on the Events & Presentations page of the Company's website. About Genasys Inc. Genasys Inc. (NASDAQ: GNSS) is the global leader in Protective Communications. Incorporating the most comprehensive portfolio of preparedness, response, and analytics software and hardware systems, including the Company's Long Range Acoustic Device® (LRAD®), the Genasys Protect platform is designed around one premise: ensuring organizations and public safety agencies are Ready when it matters™. Protecting people and saving lives for over 40 years, Genasys covers more than 155 million people in all 50 states and in over 100 countries worldwide. For more information, visit
Business Wire
24-06-2025
- Business
- Business Wire
U.S. Navy Orders $2.0M in LRAD by Genasys Maritime Communication Systems
SAN DIEGO--(BUSINESS WIRE)-- 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 more than 20 years. LRADs enhance operational effectiveness, strengthen ship self-defense, and improve safety on Navy and Coast Guard ships whether in port or deployed.' The U.S. Military and more than 30 international Navies and Coast Guards deploy LRADs for a variety of missions and operations, including ship-to-ship communication, establishing vessel exclusion zones and restricted areas, interceptions and interdictions, search and rescue, environmental responses, coastal water control, port and shore side security, anti-piracy, maritime immigration encounters, and more. The LRAD 1000Xi features rugged military construction for reliable operation in extreme maritime conditions. By broadcasting audible hails, warnings, and commands that are clearly heard and understood over wind, engine, and background noise out to 3,000 meters, the LRAD 1000Xi provides more time and distance to communicate, determine intent, de-escalate dangerous situations, and save lives. About Genasys Inc. Genasys Inc. (NASDAQ: GNSS) is the global leader in Protective Communications. Incorporating the most comprehensive portfolio of preparedness, response, and analytics software and systems, as well as the Company's Long Range Acoustic Devices® (LRAD®) the Genasys Protect platform is designed around one premise: ensuring organizations and public safety agencies are 'Ready when it matters™.' Protecting people and saving lives for over 40 years, Genasys covers more than 155 million people in all 50 states and in over 100 countries worldwide. For more information, visit Forward-Looking Statements Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation the business impact of geopolitical conflicts and other causes that may affect our supply chain, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the 'Risk Factors' section of the Company's Form 10-K for the fiscal year ended September 30, 2024. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.
Business Wire
19-06-2025
- Business
- Business Wire
Genasys Inc. Reports Increasing Demand for CONNECT in Wake of 'Signalgate'
SAN DIEGO--(BUSINESS WIRE)-- 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 demand for CONNECT information, demonstrations and orders from public safety leaders in small towns and large metro areas across the United States.' To date, strong order demand and contract renewals have grown CONNECT coverage in 41 states and more than 500 agencies, with other states and multiple agencies in deployment trials. 'Many public safety leaders now understand the importance and legal requirements of owning and controlling Interactions when planning and responding to crisis events,' Chief Halstead continued, 'During the last two weeks of national protests, I was contacted by more than a dozen police chiefs thanking me for helping them elevate their communication networks. Through CONNECT, many of them were able to regionally respond to mass protests in just a few minutes.' CONNECT Platform Advantages Heavily encrypted messaging from any device to all devices All messages and data are fully owned and controlled by the agency (Genasys has no access to data, chats, or information) Fortified Team chats where it is impossible for any person to be mistakenly added Nothing can be deleted or altered to maintain compliance Unlimited data sharing, photos, videos and documents Screenshot protection No push/share features prevent secure communications from being posted on social media All persons added to CONNECT are logged and tracked (they can only be added by sending an encrypted invitation directly to them) All data, chats and attachments are owned by the agency and can be easily reviewed in 30 seconds Complete transparency and accountability from all elected officials and law enforcement agencies Full compliance with FOIA, CJIS/FBI, public records retention laws and HIPAA Encrypted communications platforms like Signal are designed to allow users to hide or delete communications. Using CONNECT, a fully compliant encrypted communications platform specifically created for governmental operations, local, state, and federal governments/agencies can avoid the problems and fallout created by using non-FOIA-compliant consumer apps. About Genasys Inc. Genasys Inc. (NASDAQ: GNSS) is the global leader in Protective Communications. Incorporating the most comprehensive portfolio of preparedness, response, and analytics software and systems, as well as the Company's Long Range Acoustic Devices® (LRAD®) the Genasys Protect platform is designed around one premise: ensuring organizations and public safety agencies are 'Ready when it matters™.' Protecting people and saving lives for over 40 years, Genasys covers more than 155 million people in all 50 states and in over 100 countries worldwide. For more information, visit Forward-Looking Statements Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation the business impact of geopolitical conflicts and other causes that may affect our supply chain, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the 'Risk Factors' section of the Company's Form 10-K for the fiscal year ended September 30, 2024. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.
Yahoo
19-05-2025
- Business
- Yahoo
Genasys Inc. Provides Update on Puerto Rico Dam EWS Project
Implementation Phase Has Begun SAN DIEGO, May 19, 2025--(BUSINESS WIRE)--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, a deposit of 60% of the group's value will be paid to Genasys, in order to facilitate procurement, manufacturing, and delivery of all hardware and instrumentation. The first three of seven groups have been designed and approved to proceed. The total value of these first three groups is over $36 million. In the fiscal first quarter earnings release on February 11th, Genasys reported that it had received two of the deposits and that a third deposit was expected soon. On the company's May 13th second quarter earnings call, management reported that the third deposit had not yet been received but was expected shortly. Last Friday, May 16th, Genasys received a partial deposit for the third group of dams. The remainder of the third deposit is expected to be received within the next few weeks. Detailed plans and permits have been approved on a number of the sites. Initial construction on the island of Puerto Rico began in early April. Instrumentation and material is being aggregated and assembled in Genasys' San Diego facility with shipments for the first three groups now expected to begin this month. Current shipping schedules call for all of the material required to complete the first three groups of dams be delivered to Puerto Rico in the Company's fiscal fourth quarter. As discussed during the second quarter earnings call, cash receipts will precede revenue and profit recognition. Initial 'percent of complete' revenues will be recognized on a cost basis for the delivery of hardware and instrumentation to Puerto Rico. Then, as installation and implementation of the equipment is completed, additional revenues will be accrued on an hourly basis. The resulting impact of this treatment is that the vast majority of revenues associated with the first three groups is expected to be recognized in the September quarter. Initial revenue recognition on the delivery of instrumentation will be on a cost, or zero margin basis, with subsequent revenues reflecting the profits on both the equipment and the implementation. This update has been provided with the intent of informing investors of the progress of this significant contract, though no obligation or commitment to further update progress exists. About Genasys Inc. Genasys Inc. (NASDAQ: GNSS) is the global leader in Protective Communications. Incorporating the most comprehensive portfolio of preparedness, response, and analytics software and systems, as well as the Company's Long Range Acoustic Devices® (LRAD®) the Genasys Protect platform is designed around one premise: ensuring organizations and public safety agencies are "Ready when it matters™." Protecting people and saving lives for over 40 years, Genasys covers more than 155 million people in all 50 states and in over 100 countries worldwide. . For more information, visit Forward-Looking Statements Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation the business impact of geopolitical conflicts and other causes that may affect our supply chain, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the "Risk Factors" section of the Company's Form 10-K for the fiscal year ended September 30, 2024. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated. View source version on Contacts Investor Relations Contact Brian Alger, CFASVP, IR and Corporate Developmentir@ (858) 676-0582
Business Wire
19-05-2025
- Business
- Business Wire
Genasys Inc. Provides Update on Puerto Rico Dam EWS Project
SAN DIEGO--(BUSINESS WIRE)--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, a deposit of 60% of the group's value will be paid to Genasys, in order to facilitate procurement, manufacturing, and delivery of all hardware and instrumentation. The first three of seven groups have been designed and approved to proceed. The total value of these first three groups is over $36 million. In the fiscal first quarter earnings release on February 11 th, Genasys reported that it had received two of the deposits and that a third deposit was expected soon. On the company's May 13 th second quarter earnings call, management reported that the third deposit had not yet been received but was expected shortly. Last Friday, May 16 th, Genasys received a partial deposit for the third group of dams. The remainder of the third deposit is expected to be received within the next few weeks. Detailed plans and permits have been approved on a number of the sites. Initial construction on the island of Puerto Rico began in early April. Instrumentation and material is being aggregated and assembled in Genasys' San Diego facility with shipments for the first three groups now expected to begin this month. Current shipping schedules call for all of the material required to complete the first three groups of dams be delivered to Puerto Rico in the Company's fiscal fourth quarter. As discussed during the second quarter earnings call, cash receipts will precede revenue and profit recognition. Initial 'percent of complete' revenues will be recognized on a cost basis for the delivery of hardware and instrumentation to Puerto Rico. Then, as installation and implementation of the equipment is completed, additional revenues will be accrued on an hourly basis. The resulting impact of this treatment is that the vast majority of revenues associated with the first three groups is expected to be recognized in the September quarter. Initial revenue recognition on the delivery of instrumentation will be on a cost, or zero margin basis, with subsequent revenues reflecting the profits on both the equipment and the implementation. This update has been provided with the intent of informing investors of the progress of this significant contract, though no obligation or commitment to further update progress exists. About Genasys Inc. Genasys Inc. (NASDAQ: GNSS) is the global leader in Protective Communications. Incorporating the most comprehensive portfolio of preparedness, response, and analytics software and systems, as well as the Company's Long Range Acoustic Devices® (LRAD®) the Genasys Protect platform is designed around one premise: ensuring organizations and public safety agencies are 'Ready when it matters™.' Protecting people and saving lives for over 40 years, Genasys covers more than 155 million people in all 50 states and in over 100 countries worldwide. . For more information, visit Forward-Looking Statements Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation the business impact of geopolitical conflicts and other causes that may affect our supply chain, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the 'Risk Factors' section of the Company's Form 10-K for the fiscal year ended September 30, 2024. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.
