Mass-notification firm Genasys' Q4 revenue surges
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Genasys' Q4 revenue surged 152.6% year-over-year, returning to positive operating income and adjusted EBITDA after seven quarters. The company expects continued revenue growth with gross margins near 50%, driven by Early Warning System projects and software offerings. Hardware revenue increased significantly due to the Puerto Rico project, while international demand for LRAD systems grew. Analysts rate the stock as "buy," with a median price target of $5.13, 117.4% above its recent closing price.
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