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 Technologies Inc. (BYRN) CEO Bryan Ganz on Q3 2021 Results - Earnings Call Transcript

ANDOVER, Mass., Oct. 8, 2021 /PRNewswire/ --Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced financial results for its fiscal third quarter ended August 31, 2021 ("Q3 FY21").

Byrna Technologies Reports FY 2021 Third Quarter Results

The heavy selling pressure might have exhausted for Byrna Technologies Inc. (BYRN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Byrna Technologies Inc. (BYRN) Loses 27.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

ANDOVER, Mass., Oct. 1, 2021 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced its support of Susan G.

Byrna Technologies Supports Susan G. Komen® During Breast Cancer Awareness Month

ANDOVER, Mass., Sept. 27, 2021 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or the "Company") today announced that it will issue its financial results for its fiscal third quarter ended August 31, 2021 on Friday, October 8, 2021, before the financial markets open.

Byrna Technologies Inc. Schedules Fiscal 2021 Third Quarter Financial Results Release And Conference Call For Friday, October 8th

ANDOVER, Mass., Sept. 9, 2021 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced preliminary revenue expectations for its fiscal third quarter ended August 31, 2021, and raised and tightened full year revenue guidance to $40 to $42 million for fiscal year 2021 ending November 30.

Byrna Technologies Announces Preliminary Third Quarter Revenues And Raises Full Year Revenue Guidance

ANDOVER, Mass., Sept. 2, 2021 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") announced today that it will host an Analyst Day on September 9, 2021 beginning at 10:00 am EST and running approximately two hours.

Byrna Technologies to Host Analyst Day on September 9, 2021

Byrna Technologies Inc (NASDAQ: BYRN) launches its products on Amazon.com Inc's (NASDAQ: AMZN) e-commerce platform, expanding from essentially one product, one sales channel company to a multi-product, multi-channel company. Byrna launched on Amazon by introducing the new Byrna SD (Self Defense) personal security device, which will be offered exclusively on Amazon for the next two months.

Byrna Technologies Launches Personal Security Device On Amazon Platform

ANDOVER, Mass., Aug. 27, 2021 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or "the Company") today announced the launch of its products on the Amazon.com e-commerce platform, the largest e-commerce platform in the world, responsible for 54% of all online sales in the US.

Byrna Technologies Launches on Amazon

Byrna has executed very well in 2021, and the share price reflects that. I think investors who are comfortable buying an early stage, high growth business would do well to look at this name.

Byrna Technologies' Growth Drivers Are Intact

ANDOVER, Mass., Aug. 23, 2021 /PRNewswire/ -- Byrna Technologies Inc. (Nasdaq: BYRN) today announced that Mike Gillespie has been named Chief Operating Officer (COO), effective August 23, 2021.

Byrna Technologies Appoints Mike Gillespie Chief Operating Officer

Raymond James analyst Brian Gesuale  initiated coverage with a Strong Buy rating for Byrna Technologies Inc (NASDAQ:BYRN) and a price target of $36, implying an upside of44.32%. Gesuale believes the company is well-positioned to become the leading lifestyle brand for personal safety products.

Raymond James Initiates Coverage On Byrna Technologies, Sees High Potential Upside

Byrna Technologies Inc (NASDAQ: BYRN) has acquired  the assets of Ballistipax, a developer of single-handed, rapidly deployable bulletproof backpacks, for undisclosed financial terms.  Byrna acquired several Ballistipax trademarks, two patents, finished goods, raw materials inventory, and other assets.

Byrna Technologies Acquires Assets Of Ballistipax For Undisclosed Sum

Conducts "Learn Safe" Training Program at a Public School in Texas ANDOVER, Mass., Aug. 19, 2021 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or "the Company") (Nasdaq: BYRN) today announced that it has acquired the assets of Ballistipax®, a developer of single-handed rapidly deployable bulletproof backpacks.

Byrna Technologies Expands Product Line with the Acquisition of Ballistipax Assets

Byrna Technologies Inc. has announced that Bi-Mart, a retail chain predominantly located in the Pacific Northwest, began carrying Byrna products at 82 Bi-Mart stores beginning in late July.  As part of the relationship, Bi-Mart is stocking the company's products in display cases that prominently feature the Byrna HD launcher and a selection of Byrna projectiles and accessories.

Byrna Technologies says Bi-Mart retail chain began carrying its products in late July; to voluntarily delist its shares from the CSE

ANDOVER, Mass., Aug. 13, 2021 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) (CSE: BYRN) ("the Company") today announced that Bi-Mart, a retail chain predominantly located in the Pacific Northwest, began carrying Byrna products at 82 Bi-Mart stores beginning in late July.

Bi-Mart, a Pacific Northwest retail chain, has started carrying the full line of Byrna products at its 82 Bi-Mart locations

Byrna Technologies Inc. said it has filed a request with the Canadian Securities Exchange (CSE) to voluntarily delist its shares of common stock from the CSE.

Byrna Technologies files request to voluntarily delist its shares of common stock from the Canadian Securities Exchange

Byrna Technologies Inc. has announced the introduction of its new .68 caliber projectile, the Byrna Eco-Kinetic round.  The Eco-Kinetic round became available for pre-order on the Byrna website starting on August 1, 2021.

Byrna Technologies introduces its ‘revolutionary' Byrna Eco-Kinetic round

- the First Truly Environmentally Friendly .68 Caliber Non-Lethal Round ANDOVER, Mass., Aug. 2, 2021 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) (CSE: BYRN) ("Byrna" or "the Company") today announced the introduction of its new .68 caliber projectile, the Byrna Eco-Kinetic round.

Byrna Technologies Introduces its Revolutionary Byrna Eco-Kinetic Round

The stock price of Byrna Technologies Inc (NASDAQ: BYRN) increased by over 13% during intraday trading. This is why it happened.

BYRN Stock Increases Over 13% Intraday: Why It Happened

Byrna Technologies Inc (NASDAQ:BYRN) (CSE:BYRN) said it has upsized and priced its previously-announced public offering of company stock, with plans to issue 2.5 million of its common shares, at a price of $21 per share, for gross proceeds of about $52.5 million, before deducting underwriting discounts and commissions and offering expenses.  Byrna noted it intends to use the net proceeds of the offering for working capital and other general corporate purposes.

Byrna Technologies prices its $52.5M upsized equity offering

ANDOVER, Mass., July 16, 2021 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or "the Company") (NASDAQ: BYRN) (CSE: BYRN), a leading provider of non-lethal personal security solutions, has announced the pricing of an upsized underwritten public offering of 2,500,000 common shares, at a public offering price of $21.00 per share, for total gross proceeds of approximately $52.5 million, before deducting underwriting discounts and commissions and offering expenses.

Byrna Technologies Announces Pricing of Upsized Public Offering of Common Stock

ANDOVER, Mass., July 12, 2021 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) (CSE: BYRN) ("Byrna" or "the Company") today announced that it has launched an underwritten public offering of 2,250,000 common shares.

Byrna Technologies Announces Launch of Public Offering of Common Stock

Byrna Technologies Inc. (BYRN) CEO Bryan Ganz on Q2 2021 Results - Earnings Call Transcript

Byrna Technologies Inc (NASDAQ:BYRN) (CSE:BYRN) posted fiscal second-quarter results that delivered strong net income and revenue growth fired by the popularity of the company's flagship Byrna HD non-lethal personal security device.  For the period ended May 31, 2021, the Andover, Massachusetts-based company reported revenue of $13.4 million, compared to $1.2 million in the fiscal second quarter of 2020.

News for Byrna Technologies Stock (BYRN)