Byrna Technologies Inc. is a less-lethal self-defense technology company that develops, manufactures, and sells personal security solutions. Its products include handheld devices and shoulder-fired launchers, projectiles such as chemical irritant, kinetic, and inert rounds, aerosol products, and accessories. These are sold to consumers and professional security customers in the United States, South Africa, Europe, South America, Asia, and Canada. The company was formerly known as Security Devices International, Inc. and changed its name to Byrna Technologies Inc. in March 2020. It was incorporated in 2005 and is headquartered in Andover, Massachusetts.
Byrna Technologies Set to Report Q3 Earnings With Consensus EPS of -$0.19
Byrna Technologies is scheduled to announce its Q3 earnings results on Thursday, October 8th, before market open. The consensus EPS estimate is -$0.19, a decline of 311.1% year over year, while the consensus revenue estimate is $16.15M, down 42.7% year over year. Over the last year, Byrna has beaten EPS estimates 100% of the time and revenue estimates 75% of the time. Over the past three months, EPS estimates have seen no upward revisions and one downward revision, while revenue estimates have seen no upward revisions and three downward revisions.
BYRN · Capital · Negative Q3 consensus EPS of -$0.19 (down 311% YoY) and revenue down 42.7% YoY, with recent downward estimate revisions, point to weak upcoming earnings.
Byrna Reports Earnings Tomorrow With Revenue Expected to Fall 42.7%
Byrna, the non-lethal weapons company trading on the Nasdaq under the ticker BYRN, reports earnings this Thursday before market hours. The market expects Byrna's revenue to decline 42.7% year on year this quarter, a reversal from the 35.1% increase it recorded in the same quarter last year. Last quarter, Byrna missed analysts' revenue expectations, reporting revenues of $16.39 million, down 42.5% year on year, though it beat analysts' EPS estimates and posted an impressive beat of analysts' EBITDA estimates. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, and Byrna has missed Wall Street's revenue estimates multiple times over the last two years. Among its peers in the aerospace and defense segment, only AAR has reported results so far, exceeding analysts' revenue estimates with year-on-year sales growth of 24.1%, while its stock was down 7.2% on the results. Byrna shares are up 4% over the last month, and the company heads into earnings with an average analyst price target of $6.83 compared to the current share price of $3.78.
BYRN · Capital · Negative Byrna reports earnings tomorrow with revenue expected to fall 42.7% year on year, following last quarter's 42.5% revenue decline and repeated misses of revenue estimates.
StockStory highlights Graham, Byrna, and Leidos as industrials with market-beating potential
StockStory identifies three industrial stocks with exciting potential for sustainable market-beating returns. Graham Corporation, with a market cap of $1.22 billion, has posted 20.3% annual revenue growth over five years and a 13.5 percentage point operating margin improvement. Byrna, valued at $80.33 million, achieved 35.1% annual revenue growth over two years and reached free cash flow breakeven. Leidos, at a $14.11 billion market cap, saw 17.6% average backlog growth over two years and a 5.1 percentage point free cash flow margin increase over five years.
BYRN · Capital · Positive StockStory highlights Byrna's 35.1% annual revenue growth and free cash flow breakeven, suggesting strong financial performance and market-beating potential.
GHM · Capital · Positive StockStory highlights Graham Corporation's 20.3% annual revenue growth and 13.5 percentage point operating margin improvement, indicating strong financial performance.
LDOS · Capital · Positive StockStory highlights Leidos' 17.6% average backlog growth and 5.1 percentage point free cash flow margin increase, suggesting strong financial health and growth potential.
Byrna Technologies reports Q2 revenue decline to $16.4 million, outlines reset plan
Byrna Technologies reported fiscal second-quarter revenue of $16.4 million, down from $28.5 million a year earlier, as weaker e-commerce traffic, lower conversion rates and slower retail reorders weighed on results. CEO Conn Davis described the quarter as a steeper reset than originally expected, driven by a 13% decline in website traffic and elevated inventory at retail partners after post-holiday restocking. The company posted a net loss of $10.1 million, compared with net income of $2.4 million in the prior-year quarter, and negative adjusted EBITDA of $600,000, partly due to one-time charges including a $3.6 million inventory write-down and a $3.5 million impairment loss tied to the closure of its Fort Wayne ammunition facility. Management outlined a turnaround plan focused on improving digital conversion, expanding retail productivity, shifting marketing strategy, and acquiring HERO Defense Systems, while warning that fiscal 2026 will not be a revenue growth year.
Byrna Technologies to report Q2 earnings on July 9
Byrna Technologies is scheduled to announce its second-quarter earnings results on Thursday, July 9th, before the market opens. The consensus earnings per share estimate is negative twelve cents, representing a two hundred twenty percent decline year-over-year, while the consensus revenue estimate is twenty-two point two two million dollars, down twenty-two point one percent from the prior year. Over the past year, the company has beaten earnings per share estimates seventy-five percent of the time and revenue estimates one hundred percent of the time. In the last three months, earnings per share estimates have seen zero upward revisions and one downward revision, and revenue estimates have seen zero upward revisions and three downward revisions.
Byrna Technologies to acquire HERO Defense Systems assets for $1.25 million plus royalty
Byrna Technologies has entered into a definitive agreement to acquire substantially all assets of HERO Defense Systems, a maker of compact less-lethal self-defense products. The transaction is structured as an asset purchase on a cash-free, debt-free basis, with consideration consisting of $625,000 in cash, $625,000 in restricted shares of Byrna common stock, and a performance-based royalty tied to future net sales of HERO products and derivative products. The acquisition is expected to expand Byrna’s product portfolio across additional price points and form factors, creating a new entry point for consumers interested in personal safety. HERO’s product line includes the HERO 2020 compact irritant launcher and the AIIRO pepper-gel personal defense device, along with refill cartridges and accessories. The deal is expected to close within approximately 30 days, subject to customary closing conditions.
Lyft Highlighted as Cash-Heavy Stock to Buy, Byrna and Moelis Flagged as Sells
StockStory identifies Lyft as a cash-heavy stock to target this week, while naming Byrna and Moelis as two facing headwinds. Lyft holds a net cash position of $553.5 million, representing 10.6% of its market cap, and has grown active riders by 12.9% annually with earnings per share up 69.1% annually over three years. Byrna, with a net cash position of $7.44 million or 5.1% of market cap, is flagged for cash-burning tendencies and negative returns on capital. Moelis, holding $129.1 million in net cash or 2.5% of market cap, is cited for declining earnings per share and tangible book value per share over five years.
Byrna CEO Conn Davis outlines retail expansion and brand shift in first 100 days
Byrna Technologies CEO Conn Davis issued a shareholder letter detailing his first 100 days, emphasizing a shift from weapon-first to safety-first messaging and a target of approximately 2,000 total retail and dealer locations by year-end. The company has more than 800,000 launchers in customers' hands and entered fiscal 2026 with approximately 900 total locations. Davis highlighted early results from a 'Find the Right Launcher' quiz that generated over 87,000 completed responses with an 80% completion rate, and a 'try before you buy' beta program that saw a 28% conversion rate among 51 participants. A premier retail partner saw monthly purchases rise 147% to approximately $200,000 after dedicated end cap displays were rolled out to more than 20 stores. The company also appointed HLK as agency of record and announced a Fox Sports partnership through iHeartMedia to broaden its audience.
BYRN · Demand · Positive Retail expansion to 2,000 locations, strong quiz and beta conversion rates, and 147% sales lift from end cap displays indicate growing end-customer demand.
United States