SAN DIEGO (AP) — SAN DIEGO (AP) — Genasys Inc. (GNSS) on Tuesday reported a loss of $6.1 million in its fiscal second quarter.
The San Diego-based company said it had a loss of 14 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The developer of directed sound technologies used by the military and police posted revenue of $6.9 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $8 million.
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