Back to top

Image: Bigstock

Genasys (GNSS) Enhances Emergency Response With Evertel Buyout

Read MoreHide Full Article

Genasys Inc. (GNSS - Free Report) , the globally acclaimed leader in protective communications systems and solutions, has taken a giant leap toward enhancing emergency response capabilities. The company announced the successful completion of its acquisition of Evertel Technologies, the pioneering cross-agency collaboration platform for public safety. This strategic move is destined to redefine the landscape of emergency communications.

In the face of escalating disasters, conventional mass notification systems are proving inadequate. This collaboration is poised to revolutionize emergency response strategies, offering a robust solution that integrates proactive planning, real-time collaboration and efficient communication across first responder agencies and affected communities.

Richard Danforth, Genasys’ CEO, stated, "Protective communications must be a stronger, strategic pillar that incorporates planning and collaboration across first responder agencies while also efficiently relaying that information to the affected community." Evertel’s solutions perfectly complement this vision, facilitating proactive planning and real-time collaboration to expedite emergency responses and enhance execution.

Zacks Investment Research
Image Source: Zacks Investment Research

The collaboration between Genasys Protect and Evertel is more than a merger. It is a paradigm shift in emergency response. Operating as a virtual Emergency Operations Center, this integrated platform amplifies the tools used daily by first responders, ensuring heightened response efficiency.

A standout feature of this partnership is the integration of advanced post-action analytics. These analytics not only refine current response strategies but also pave the way for enhanced planning for future incidents, embodying a commitment to continual improvement in emergency management practices.

With Genasys and Evertel Technologies joining forces, an extensive and sophisticated toolset for managing the entire incident lifecycle is now available. This partnership underscores Genasys’ unwavering dedication to reshaping the future of emergency response, ushering in a new era of compliant collaboration and communication redundancy.

Stock Price Performance

Genasys currently carries a Zacks Rank #4 (Sell). Shares of the company have declined 31.6% in the past three months against the industry’s rise of 3.2%.

3 Stocks Looking Red Hot

Here, we have highlighted three better-ranked stocks, namely fuboTV (FUBO - Free Report) , Saga Communications (SGA - Free Report) and Cadence Design Systems (CDNS - Free Report) .

fuboTV, the leading sports-first live TV streaming platform, carries a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 20%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for fuboTV’s current financial-year sales and EPS suggests growth of 28.8% and 62.2%, respectively, from the year-ago period.

Saga Communications, a broadcasting company whose business is devoted to acquiring, developing and operating broadcast properties, carries a Zacks Rank #2. The company reported an earnings surprise of 14.6% in the last reported quarter.

The Zacks Consensus Estimate for Saga Communications’ current financial-year sales and EPS suggests a decline of 2.2% and 27%, respectively, from the year-ago period.

Cadence Design Systems, which provides software, hardware, services and reusable integrated circuit design blocks worldwide, carries a Zacks Rank #2. CDNS has a trailing four-quarter earnings surprise of 5.3%, on average.

The Zacks Consensus Estimate for Cadence Design Systems’ current financial-year revenues and EPS suggests growth of 14.5% and 19.2%, respectively, from the year-ago period.

Published in