Episode Details

Genasys Achieves Record Q2 Results, Profitability, and Strengthens Pipeline:

Genasys reported a remarkable fiscal second quarter 2026, with revenue surging by 124% to $15.5 million, driven by a significant Puerto Rico dam project. The company turned profitable, earning $600,000 in GAAP net income, and gross margins soared to 63.3%. Hardware sales led the growth, while software revenue increased by 6% to $2.4 million. The companys backlog stands at $58 million, indicating solid bookings ahead. Genasys extended debt repayment by 60 days and secured $1.8 million from Puerto Rico receivables. The pipeline is buzzing with wins, including a $9 million CROWS refresh program and 26 LRAD units for a major U.S. utility. The company is on track for record fiscal 2026 revenue, over 50% margins, and full-year profitability.

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