GNSS is currently trading up over 18% in early afternoon trading on Friday after the company announced Q1 earnings expectations that exceeded forecasts. The company posted earnings of 11 cents per share in Q2 on revenues of $55.9 million dollars, compared to analyst expectations of break even earnings on revenues of $57.9 million dollars. For Q3, the company said that it expects to post revenues of $67-$72 million dollars. Analysts were expecting $67.3 million in revenues. GNSS has a 52 week high of $13.25.
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