Genasys and GDS report divergent quarterly earnings results

Genasys reported quarterly earnings that missed consensus estimates, posting an EPS of -$0.10 against an expected -$0.02. Revenue for the quarter was $7.29 million, significantly lower than the $15.47 million anticipated. The company attributed the revenue decline to supply-chain delays and a temporary pause in work in Puerto Rico. Despite these results, management maintained its outlook for fiscal 2026, noting a 12-month backlog of approximately $69 million and a 21% year-over-year increase in software revenue.

GDS exceeded market expectations, reporting an EPS of $0.52 compared to the estimated $0.01. The company's revenue reached $475.06 million, surpassing the $454.25 million consensus. Driven by strong sales momentum, GDS raised its full-year bookings target to 1 GW. The company reported a backlog of 757 MW at midyear and expects move-ins in 2027 to more than double 2026 levels.