Stock Market Alert - GNSS had a rough ride on Tuesday, trading down over 18% to close the regular session at $8.07 after the company announced their third quarter earnings. Volume was extremely heavy on the day, with over 12.1 million shares of the stock changing hands, compared to a normal daily average volume of just over a million shares trading. Excluding charges, the company posted a loss of 21 cents per share, much worse than analyst estimates of a loss of 3 cents per share. The company also forecast Q4 revenues of between $35 - $40 million dollars, much lower than analyst estimates of $51.1 million dollars.
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