Earnings Call Summary | Genasys(GNSS.US) Q3 2024 Earnings Conference
Earnings Call Summary | Genasys(GNSS.US) Q3 2024 Earnings Conference
The following is a summary of the Genasys Inc. (GNSS) Q3 2024 Earnings Call Transcript:
以下是Genasys公司（GNSS）2024年第三季度業績會議要點摘要：
Financial Performance:
金融業績：
Year-over-year growth in software business at 120%, with recurring revenues growing at 138%.
Total Q3 revenues were $7.2 million, a decrease of 50% from the previous year, mainly due to the high baseline set by last year's completed Army Program of Record.
Gross profit margin improved to 53%, up by six percentage points, largely due to a higher mix of software revenue.
Quarterly operating expenses rose 12% to $9.1 million, reflecting increased SG&A and R&D costs, associated with Evertel expenses.
Operating loss for Q3 was $5.4 million, widened from a loss of $1.4 million in the previous year, influenced by lower hardware revenues and higher operating expenses.
軟件業務年增長率達120%，持續收入增長率達138%。
第三季度總收入爲720萬美元，同比下降50%，主要原因是去年完成的軍事計劃創下了較高的基準。
毛利率提高到53%，上升了6個百分點，主要由於軟件收入佔比提高。
季度營業費用增長12%，達到910萬美元，反映出銷售和研發成本的上升，與Evertel成本有關。
第三季度虧損爲540萬美元，比上年同期損失的140萬美元擴大，受到硬件收入下降和營業費用上升的影響。
Business Progress:
業務進展：
Significant progression towards the Puerto Rico Dam project, expected to drive $75 million in revenue in fiscal years 2025 and 2026.
Expansion of Genasys Protect EVAC coverage in California, crucial for managing evacuations during intense fire seasons.
Hosted a law enforcement appreciation event, showcasing the integration of CONNECT and traditional LRAD hardware, enhancing cross-agency communications.
Reported an uptick in law enforcement hardware bookings, nearly 50% higher year-to-date than the total for fiscal 2023.
International bookings rose by 117% year-over-year, marking a strong recovery post-COVID.
波多黎各水壩項目取得重大進展，預計在2025年和2026年實現7500萬美元的收入增長。
擴大了加利福尼亞州Genasys Protect EVAC覆蓋範圍，對於管理強烈火災季節的疏散非常重要。
舉辦了一次執法感恩活動，展示了CONNECt和傳統LRAD硬件的集成，增強了跨機構通信能力。
執法硬件預訂訂單數量上升，截至今年已經比2023財年的總和增長了近50%。
國際訂單同比增長117%，標誌着COVID後強勁的復甦。
Opportunities:
機會：
The Puerto Rico Dam and U.S. Army's CROWS-AHD Program of Record present foundations for over $200 million in highly profitable future revenues.
The software business is on track to double the ARR in fiscal 2024, promising enhanced revenue visibility and stability.
The broader application of Genasys EVAC and CONNECT products to manage various natural disasters and public safety events across multiple states.
波多黎各水壩項目和美國陸軍的CROWS-AHD計劃創造了超過2億美元的高利潤未來收益基礎。
軟件業務正朝着在2024財年加倍ARR的方向發展，有望實現增強的收入可見度和穩定性。
在多個州管理各種自然災害和公共安全事件的更廣泛應用Genasys EVAC和CONNECt產品。
Risks:
風險：
Potential impact on business from wider economic fluctuations or recessions; however, historical resilience was noted with strong performance during the COVID period.
來自更廣泛經濟波動或衰退的業務潛在影響；然而，歷史的韌性表明，在COVID期間表現強勁。
More details: Genasys IR
更多細節：Genasys IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。