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Genasys: Fiscal 1Q Earnings Snapshot

·1 min read

SAN DIEGO (AP) _ Genasys Inc. (GNSS) on Tuesday reported a fiscal first-quarter loss of $619,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the San Diego-based company said it had a loss of 2 cents.

The developer of directed sound technologies used by the military and police posted revenue of $8 million in the period.

Genasys shares have increased 25% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.14, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNSS at https://www.zacks.com/ap/GNSS