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Byrna Technologies Inc. (Nasdaq: BYRN) announces strategic partnership with Judge Jeanine Pirro, a champion for self-defense and a firearms practitioner, to promote less-lethal personal security solutions. Pirro's national radio show and social media platforms will feature Byrna, extending its market reach. Byrna introduces the 'Judge Jeanine Discount Program' in conjunction with the partnership.
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-3.87%
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Byrna Technologies Inc. (Nasdaq: BYRN) has supplied the State of Hawaii Sherriff's Division with 100 Byrna SD launchers, ammunition, and accessories, marking a significant milestone in the company's expansion efforts. Byrna's industry-leading solutions have been chosen as the preferred choice for advancing less-lethal operations in Hawaii, with plans for further expansion within the state.
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-0.81%
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Byrna Technologies announces a $6 million order with the Córdoba Provincial Police force in Argentina, the largest single order in the company's history. The order highlights the growing adoption of less-lethal weapons in Argentina and solidifies Byrna's strategic entry into the market. Byrna plans to expand its presence across South America.
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10.62%
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Byrna Technologies Inc. reports select financial results for Q3 2023. Net revenue was $7.1 million, a decrease compared to Q3 2022. Gross profit was $3.2 million, with a decrease in gross margin due to inventory write-downs. Operating expenses decreased to $7.3 million. Net loss increased to $(4.1) million. Cash and cash equivalents totaled $13.7 million.
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2.21%
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Byrna Technologies expands its presence in Argentina, with significant interest from municipalities and police departments in the country. The Córdoba Provincial Police force purchased 1,000 Byrna launchers, leading to over 40 successful deployments. Byrna's growing foothold in Argentina reflects the demand for less-lethal law enforcement solutions in the region.
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0.76%
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Byrna's Less-Lethal Technologies Gain Traction in Argentina
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0.76%
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Byrna Technologies Inc. will hold a conference call on October 12, 2023, to discuss its financial results for Q3 2023.
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-4.66%
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Byrna Technologies Inc. reports preliminary financial results for Q3 2023, with expected total revenue of $7.1M compared to $12.4M in Q3 2022. Gross margins estimated at 45% due to one-time increases in reserves for excess and obsolete inventory. Challenges in DTC marketing due to advertising bans on Meta and Google platforms. However, recent permission to advertise on YouTube and new partnership with Sean Hannity have led to increased web traffic. Full financial results to be reported in October.
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3.77%
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Byrna Technologies Inc. announces strategic partnership with Sean Hannity to promote non-lethal security solutions
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2.31%
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Byrna Technologies achieves significant revenue growth, selling over 300,000 Byrna SD Launchers since June 2019, with revenues increasing from $924k in 2019 to a record $48 million in FY2022. The company taps into a TAM of 100 million U.S. gun owners and also finds demand among non-gun owners. Byrna counts over 300 police departments as customers. The company faces challenges with bans on advertising on social media platforms. CEO remains committed to providing safe alternatives to lethal force.
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Byrna Technologies, Inc.
Nasdaq:BYRN
BYRN Rankings
BYRN Stock Data
311.04M
15.99M
21.8%
25.06%
3.55%
Small Arms Ammunition Manufacturing
Manufacturing
United States of America
ANDOVER
About BYRN
byrna technologies inc., a less-lethal defense technology company, develops and manufactures less-lethal equipment and munitions. it offers byrna line of handheld personal security devices, including the byrna hd, a handheld personal security device which is designed to be used by civilians and private security professionals, as well as accessories and third-party products that are compatible with the byrna hd, including the projectiles used in the byrna hd; and less-lethal munitions that comprise impact rounds designed to stop an individual without causing permanent injury or death, as well as payload rounds carrying various chemical irritants and marking products designed for 40mm rifled launchers utilized by law enforcement, correctional services, and military markets. the company also sells 12 gauge less-lethal impact rounds. it serves military, correctional services, police agencies, private security, and consumers in the united states, canada, and south africa. the company was fo