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Byrna Technologies Reports Fiscal Q1 Breakeven Earnings, Revenue Doubles; CFO to Retire
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Byrna Technologies Reports Fiscal Q1 Breakeven Earnings, Revenue Doubles; CFO to Retire
Apr 5, 2024 12:07 PM

02:37 PM EDT, 04/05/2024 (MT Newswires) -- Byrna Technologies ( BYRN ) reported fiscal Q1 breakeven earnings Friday, compared with a loss of $0.10 per diluted share a year earlier.

Analysts polled by Capital IQ expected a per-share loss of $0.11.

Net revenue for the quarter ended Feb. 29 was $16.7 million, up from $8.4 million a year earlier. Analysts surveyed by Capital IQ expected $11.49 million.

Byrna ( BYRN ) also said its Chief Financial Officer David North will be retiring later this year, and it has engaged an executive search firm to identify a successor.

The company's shares were down more than 9% in recent trading.

Price: 12.50, Change: -1.26, Percent Change: -9.16

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