Byrna Technologies

Byrna Technologies, Inc. engages in the development and manufacturing of less lethal equipment and munitions. The firm's products include Byrna and SDI. It offers non-lethal weapons for military and law enforcement personnel. The company was founded on March 1, 2005 and is headquartered in Andover, MA.

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Byrna Technologies reports robust earnings, eyes dealer expansion for growth

Byrna Technologies delivered strong financial performance in Q4 2022 and full year 2022, focusing on sustainable growth and innovation.
Challenges in forecasting and seasonal sales patterns require strategic adaptation, while opportunities lie in expanding dealer interest and product distribution.
Overall, Byrna's financial outlook for 2023 appears positive, with a commitment to profitability, market expansion, and product innovation.

Byrna Technologies reports revenue growth and strategic expansion efforts

Byrna Technologies' Q1 2023 performance showed revenue growth, improved gross margin, and operational cost efficiencies, despite challenges in product launches and cash management.
The company's strengths lie in its profitability, market performance in Canada and on Amazon, and strategic expansion efforts, while facing challenges in production delays and financial pressures.
Opportunities for Byrna include market expansion, addressing production challenges, exploring new partnerships, and optimizing operational processes for sustained growth and profitability.
Overall, Byrna remains optimistic about future demand for its products and is focused on overcoming challenges to drive long-term success and value creation for stakeholders.

Byrna Technologies reports solid Q2 performance amidst strategic challenges

Byrna Technologies showcased strong production growth and financial performance in Q2 2023, with improvements in gross profit and adjusted EBITDA.
While facing challenges from uncertainties in advertising bans and strategic guidance, Byrna's focus on debt-free operations and dealer sales growth presents opportunities for future success.
The company's expansion into new markets like Australia and LATAM, along with the Premier Dealer program, highlights strategic initiatives driving growth and market credibility.
Despite challenges and uncertainties, Byrna's commitment to financial stability and product innovation positions it well for long-term success and market leadership.

Byrna Technologies adapts marketing, sees Amazon sales surge in Q3

Byrna Technologies faced revenue decline in Q3 due to advertising restrictions but responded effectively by shifting strategies and seeing a surge in Amazon sales. The company remains cash flow positive and is exploring new marketing initiatives with celebrity endorsements. Byrna's focus on Premier Dealers, Side Hustle program, and international expansion positions it for long-term growth.

Byrna Technologies reports strong Q4 performance amidst operational challenges

Byrna Technologies demonstrated strong financial performance in Q4 2023 despite facing operational challenges and marketing constraints.
The company's strategic strengths lie in its financial stability, effective marketing initiatives, and product innovation efforts.
Challenges in product sales and advertising efficiency need to be addressed, while opportunities in international expansion and product diversification should be capitalized on.
Overall, Byrna Technologies is well-positioned for growth with a focus on operational efficiency, strategic marketing, and product development in the coming year.

Byrna Technologies excels in Q1 2024, eyes market expansion

Byrna Technologies delivered strong financial results in Q1 2024, marked by robust revenue growth and improved profitability metrics. The company's strategic initiatives, including DTC sales expansion and product innovation, position it well for future growth.
While facing challenges in profitability and operational scalability, Byrna has outlined opportunities to drive market expansion through franchise programs, retail store openings, and entry into the law enforcement sector. Balancing growth strategies with operational efficiency will be key.

Byrna Technologies excels in Q2 with revenue surge and strategic focus

Byrna Technologies delivered a robust performance in Q2 2024, marked by significant revenue growth and improved profitability metrics.
The company's financial strength, strategic initiatives, and strong leadership position it well for future expansion and value creation.
While facing challenges in cost management and margin sustainability, Byrna has opportunities to capitalize on its brand success and drive continued growth.

Byrna Technologies reports stellar Q3 results and eyes global expansion

Byrna Technologies demonstrated robust financial performance in Q3 2024, marked by significant revenue growth and improved profitability metrics.
The company's strategic focus on marketing, expansion, and operational efficiency underscores its commitment to sustainable growth and market leadership.
While facing challenges in cost management and operational scaling, Byrna is well-positioned to leverage its strengths and capitalize on emerging opportunities for future success.

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Byrna Technologies, Inc. is a less-lethal self-defense technology company, which engages in the business of developing, manufacturing, and selling innovative less-lethal personal security solutions. It operates through the following geographical segments: the United States, South Africa, Europe, South America, and Asia, and Canada. The company was founded on March 1, 2005 and is headquartered in Andover, MA.

Byrna LATAM will Allow Byrna to Expand its Presence in Central and South America ANDOVER, Mass. , Jan. 12, 2023 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced the formation of new subsidiary, Byrna LATAM, based in Montevideo, Uruguay.

Byrna Technologies Announces the Formation of Byrna LATAM and the Opening of a New Factory in Argentina

ANDOVER, Mass. , Dec. 6, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced preliminary revenue expectations for its fiscal fourth quarter ended November 30, 2022 ("Q4 FY2022") of $16.0 million, up 43% from $11.2 million in the fiscal fourth quarter ("Q4 FY2021") and up 29% from the prior quarter ("Q3 FY2022").

Byrna Technologies Announces Record Fourth Quarter Revenues of $16.0 Million up 43% from Q4 2021

The company's revenues rose by just 3.3% during the nine months ended August despite an increase in marketing expenses from $1.3 million to $3.9 million. With payroll related costs also rising by $3 million to $12.6 million, EBITDA is now negative.

Byrna Technologies: Growth Is Fading, And Profitability Is Out Of Reach

Byrna Technologies Inc. (NASDAQ:BYRN ) Q3 2022 Earnings Conference Call October 5, 2022 9:00 AM ET Company Participants Bryan Ganz - Chief Executive Officer, President and Director David North - Chief Financial Officer Conference Call Participants Jeff Van Sinderen - B. Riley Securities Jim McIlree - Dawson James Operator Greetings, and welcome to the Byrna Technologies Fiscal Third Quarter 2022 Earnings Conference Call and Webcast.

Byrna Technologies Inc. (BYRN) Q3 2022 Earnings Call Transcript

Reinstates Share Re-purchase Program ANDOVER, Mass. , Oct. 5, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company", "we" or "us") today announced results for its fiscal third quarter ended August 31, 2022.

Byrna Technologies Reports Third Quarter 2022 Financial Results - Reaffirms Full Year Guidance of $48 - $50 million

Byrna Technologies Inc. (BYRN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Byrna Technologies Inc. (BYRN) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

ANDOVER, Mass. , Sept. 22, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or the "Company") today announced that it will issue its financial results for its fiscal second quarter ended August 31, 2022 on Wednesday, October 5, 2022, before the financial markets open.

Byrna Technologies Inc. Schedules Fiscal 2022 Third Quarter Financial Results Release and Conference Call for Wednesday, October 5th

Updates Full Year Revenue Guidance to $48 million - $50 million ANDOVER, Mass. , Sept. 8, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced preliminary revenue expectations for its fiscal third quarter ended August 31, 2022 ("Q3 FY2022") of $12.4 million, up 43% from the $8.7 million in sales for Q3 FY2021.

Byrna Technologies Announces Preliminary Third Quarter Revenues of $12.4 Million up 43% from 2021

ANDOVER, Mass. , Aug. 25, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company", "we" or "us") is pleased to announce that the Company has entered into an agreement with Bersa SA to distribute Byrna's entire range of less-lethal personal self-defense products throughout South America.

Byrna Technologies Partners with 64-Year-Old Argentine Firearms Manufacturer, Bersa SA, to Capture the South American Less-Lethal Market

Shares of non-lethal solutions concern Byrna Technologies are down some 70% since September 2021 as the market has rethought its previously gaudy price-to-sales ratio. A share buyback program was initiated in February 2022 to pick up stock under $10 a share after the company conducted a secondary offering at $21 in July 2021.

A Bet On Byrna Technologies

Byrna is a defense technology company offering solutions for security situations that do not require the use of lethal force. Management is already present in well-known e-commerce shops, and it has connections with a significant number of physical stores.

Byrna Technologies: New Products Could Bring The Stock Price Up

Reiterates Full Year Revenue Guidance of $55 - $60 Million ANDOVER, Mass. , July 12, 2022  /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) today issued a clarification of Monday's press release regarding the sale of its 40 millimeter blunt impact projectile (40 MM BIP) business.

Byrna Technologies Issues Clarification of Press Release Regarding "Sale of 40 millimeter Legacy Business"

Byrna Retains the Exclusive Rights to Sell the 40mm BIP in the U.S. and South Africa ANDOVER, Mass. , July 11, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company", "we" or "us") is pleased to announce that it has sold the IP and tooling underlying its legacy 40mm business to Facta Global of Canada for an undisclosed sum including both cash and future royalty payments to Byrna on all 40mm BIP's sold globally.

Byrna Sells its 40mm Legacy Business to Facta Global of Canada

Byrna Technologies Inc (NASDAQ: BYRN) reported a second-quarter revenue decline of 13.3% year-over-year to $11.62 million, marginally missing the consensus of $11.67 million. Adjusted EPS loss was $(0.05), below the consensus of $(0.03).

Read How Byrna Technologies Fared In Q2

Byrna Technologies Inc. (NASDAQ:BYRN ) Q2 2022 Results Conference Call July 7, 2022 9:00 AM ET Company Participants Bryan Ganz - President, Chief Executive Officer David North - Chief Financial Officer Conference Call Participants Jeff Van Sinderen - B. Riley Securities Brian Gesuale - Raymond James Operator Greetings, and welcome to the Byrna Technologies Second Quarter 2022 Earnings Conference Call and Webcast.

Byrna Technologies Inc. (BYRN) CEO Bryan Ganz on Q2 2022 Results - Earnings Call Transcript

Byrna Technologies Inc. (BYRN) delivered earnings and revenue surprises of -25% and 1.04%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

Byrna Technologies Inc. (BYRN) Reports Q2 Loss, Tops Revenue Estimates

Reiterates Full Year Revenue Guidance of $55 - $60 Million ANDOVER, Mass. , July 7, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company", "we" or "us") today announced results for its fiscal second quarter ended May 31, 2022.

Byrna Technologies Reports Second Quarter 2022 Financial Results

Star of the Hit Series 'Bling Empire" Promotes Byrna Non-Lethal Self-Defense Products for Self-Reliant Independent Women ANDOVER, Mass. , June 29, 2022 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or "the Company") (Nasdaq: BYRN) today announced that the Company will be collaborating with Christine Chiu, the executive producer and star of the Netflix reality TV series Bling Empire.

Byrna Technologies Partners with Reality TV Star Christine Chiu

ANDOVER, Mass. , June 22, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or the "Company") today announced that it will issue its financial results for its fiscal second quarter ended May 31, 2022 on Thursday, July 7, 2022, before the financial markets open.

Byrna Technologies Inc. Schedules Fiscal 2022 first Quarter Financial Results Release and Conference Call for Thursday, July 7th

Former UFC Champion and city councilman Tito Ortiz featured in the new Byrna Technologies marketing campaign. ANDOVER, Mass.

Byrna Self-defense Products Has A New Hero: UFC Legend Tito Ortiz

Byrna Technologies Inc. (BYRN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Byrna Technologies Inc. (BYRN) Surges 5.5%: Is This an Indication of Further Gains?

Reiterates Full Year Revenue Guidance of $55-$60 Million ANDOVER, Mass. , June 6, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced preliminary revenue expectations for its fiscal second quarter ended May 31, 2022 ("Q2 2022") of $11.5 million, bringing sales for the first half of fiscal year 2022 ("FY 2022") to $19.5 million.

Byrna Technologies Announces Preliminary Second Quarter Revenues of $11.5 Million.

Byrna Opens Custom Shop for Byrna Wrap Installs and other Byrna Customization ANDOVER, Mass. , June 2, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company", "we" or "us") is excited to announce the launch of our subscribe and save program on www.byrna.com.

Byrna Enables Recurring Purchase Subscriptions of Ammo and CO2 on Website

Hires Industry Veteran David Happe to Run Byrna's Pepper Spray Division ANDOVER, Mass., May 26, 2022 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or "the Company") (Nasdaq: BYRN) today announced that it has acquired the assets of Fox Labs International Inc. ("Fox Labs").

Byrna Technologies Acquires the Assets of Fox Labs International

ANDOVER, Mass. , May 25, 2022 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or "the Company") (Nasdaq: BYRN) today announced that Harris County Sheriff's Department has, after a rigorous testing and evaluation process of various less-lethal weapons platforms, selected the Byrna TCR as the 68 caliber less-lethal platform of choice for its Deputies.

Harris County Sheriff's Department, one of the Largest Sheriff's Departments in the U.S., has Selected the Byrna TCR as its 68 Caliber Less-Lethal Platform

News for Byrna Technologies Stock (BYRN)