For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Byrna Technologies Inc. (BYRN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Byrna Technologies Inc. is one of 312 companies in t ...

Byrna Technologies Inc. (BYRN) has seen a remarkable rise in its stock price, soaring 142.6% this year compared to the broader industry's 32.4% growth.This contrasts sharply with the performance of other smallcap service providers like FuelCell Energy (FCEL) , down 79.2%, and Ballard Power Systems (BLDP) , which saw a 55.6% decline during the same period. Zacks Investment Research Image Source: Key drivers behind Byrna's success include high-profile celebrity endorsements, expanded retail presence, and stra ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File No. 333-132456 Byrna Technologies Inc. (Exact name of registrant as specified in its charter) Delaware 71-1050654 (State or other ju ...

Byrna Technologies Inc. (NASDAQ:BYRN) Q3 2024 Earnings Conference Call October 9, 2024 9:00 AM ET Company Participants Bryan Ganz - CEO Lauri Kearnes - CFO Conference Call Participants Jeff Van Sinderen - B. Riley Securities Matthew Koranda - ROTH Capital Partners Operator Good morning, and welcome to Byrna's Fiscal Third Quarter 2024 Earnings Conference Call. My name is Kevin, and I'll be your operator for today's call. Joining us for today's presentation are the company's CEO, Bryan Ganz; and CFO, Lauri K ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...

Byrna Technologies Inc. (BYRN) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 500%. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced earnings of $0.13, delivering a surprise of 1,400%. Over the last four quarters, ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...

On October 9, 2024, Byrna Technologies Inc (BYRN, Financial) released its 8-K filing, showcasing a remarkable fiscal third quarter performance. Byrna Technologies Inc, a leader in non-lethal personal security solutions, reported a record revenue of $20.9 million for Q3 2024, a 194% increase from the same period last year, surpassing the analyst estimate of $20.8 million. The company's innovative approach to advertising and strategic operational enhancements have been pivotal in achieving these results. Comp ...

Revenue and Profit Growth - Q3 2024 revenue reached a record $20.9 million, a 194% increase from Q3 2023[1] - Net revenue for the three months ended August 31, 2024, was $20.854 million, a significant increase from $7.085 million in the same period in 2023[18] - Gross profit for the three months ended August 31, 2024, was $13.012 million, compared to $3.158 million in the same period in 2023[18] - Net income for the three months ended August 31, 2024, was $1.025 million, a significant improvement from a net loss of $4.094 million in the same period in 2023[18] - Non-GAAP adjusted EBITDA for the three months ended August 31, 2024, was $1.944 million, compared to a loss of $2.356 million in the same period in 2023[24] Gross Margin Improvement - Gross margin improved to 62.4% in Q3 2024, up from 44.6% in Q3 2023[4] Advertising and Marketing - Advertising spend increased to $1.0 million per month in Q3 2024, maintaining a 5.0X return on ad spend (ROAS)[2] Retail Expansion - Byrna expanded its retail presence from 42 stores to 137 stores nationwide through partnerships with Bass Pro Shops and Cabela's[2] - Byrna signed leases for new retail stores in key markets, including Nashville, Ft. Wayne, Scottsdale, and Salem, with a proposed location in Pasadena[11] International Orders - The company secured an initial order from Uruguay for 400 launchers and over 100,000 rounds of less-lethal ammunition[2] Stock Repurchase - Byrna repurchased $3.0 million of stock at an average price of $10.25 as part of a $10 million stock repurchase program[2] Production and Product Development - Production in Q3 2024 totaled over 55,000 units, with plans to introduce a full second shift by the end of Q1 2025[9] - The company is preparing to launch the Compact Launcher in mid-2025, with a third production line dedicated to its production[9] Financial Position and Assets - Total assets as of August 31, 2024, were $59.004 million, up from $52.314 million as of November 30, 2023[19] - Inventory, net as of August 31, 2024, was $19.797 million, compared to $13.890 million as of November 30, 2023[19] - Accounts receivable, net as of August 31, 2024, was $2.128 million, down from $2.945 million as of November 30, 2023[19] - Total current liabilities as of August 31, 2024, were $12.538 million, up from $8.646 million as of November 30, 2023[19] Stock-Based Compensation - Stock-based compensation expense for the three months ended August 31, 2024, was $819 thousand, down from $1.738 million in the same period in 2023[24] Share Count - Weighted-average number of common shares outstanding - diluted for the three months ended August 31, 2024, was 23,410,159, up from 21,960,163 in the same period in 2023[18] Future Growth Expectations - The company expects sustained growth into 2025 and 2026, driven by increased advertising, new retail stores, and the Compact Launcher launch[13]

Byrna Technologies Inc. BYRN will release earnings results for its third quarter, before the opening bell on Wednesday, Oct. 9. Analysts expect the Andover, Massachusetts-based company to report quarterly earnings at 5 cents per share, versus a year-ago loss of 12 cents per share. Byrna Technologies projects to report revenue of $20.8 million for the quarter, according to data from Benzinga Pro. On Sept. 4, Byrna Technologies announced preliminary third-quarter financial results with revenue above estimates ...