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Byrna Technologies Q1 Results Top Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Personal defense technology company Byrna Technologies Inc. (BYRN) reported Thursday that net income for the first quarter grew to $1.66 million or $0.07 per share from $17,000 or breakeven per share in the prior-year quarter.

Net revenue for the quarter surged 57 percent to $26.19 million from $16.65 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.01 per share on revenues of $26.15 million for the quarter. Analysts' estimates typically exclude special items.

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