Byrna Technologies (BYRN)
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Byrna Technologies Joins the Russell 3000® Index
GlobeNewswire News Room· 2024-07-01 20:05
Company Overview - Byrna Technologies Inc. specializes in the development, manufacture, and sale of innovative less-lethal personal security solutions, including the Byrna® SD personal security device [15][13] - The company has successfully transitioned its advertising strategy to a celebrity endorsement model, which has contributed to growth in sales and customer base [7] Industry Context - The Russell 3000® Index includes the 4,000 largest US stocks ranked by total market capitalization, and membership is determined by objective market-capitalization rankings and style attributes [1] - Russell indexes serve as benchmarks for approximately $10.5 trillion in assets as of December 2023, making them widely used by investment managers and institutional investors [14] Recent Developments - Byrna Technologies has been added to the Russell 3000® Index following the annual reconstitution that took effect after the U.S. market closed on June 28, 2024 [13] - The inclusion in the Russell 3000® Index is expected to enhance Byrna's exposure to the broader investment community, potentially delivering long-term value to shareholders [7][13] FTSE Russell Overview - FTSE Russell is a leading global provider of benchmarking, analytics, and data solutions for investors, employing a transparent rules-based methodology [4][9] - The company fully embraces the IOSCO Principles and has received independent assurance for its Statement of Compliance [4]
Byrna Technologies Joins the Russell 3000® Index
Newsfilter· 2024-07-01 20:05
ANDOVER, Mass., July 01, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. ("Byrna" or the "Company") (Nasdaq: BYRN), a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced that it has been added to the broad-market Russell 3000® Index. The inclusion followed the annual reconstitution of the Russell indexes, which took effect after the U.S. market closed on June 28, 2024. The annual Russell indexes reconstitution capt ...
Byrna Technologies Names Lauri Kearnes as Chief Financial Officer
Newsfilter· 2024-06-24 12:00
Core Viewpoint - Byrna Technologies Inc. has appointed Lauri Kearnes as the new Chief Financial Officer, effective July 15, 2024, to ensure continued growth and financial performance of the company [1][9]. Company Overview - Byrna Technologies specializes in developing, manufacturing, and selling innovative less-lethal personal security solutions, including the Byrna® SD personal security device [7]. Leadership Transition - Lauri Kearnes will replace David North, who is retiring on July 15, 2024, but will remain as an outside consultant to aid in the transition [1][3]. - Kearnes has over 20 years of experience in financial and operational leadership, previously serving as CFO for Harte Hanks, overseeing a business with over $200 million in annual revenues [8][9]. Kearnes' Background - Kearnes holds both undergraduate and master's degrees in accounting from Utah State University [2]. - Her previous roles include Corporate Controller and VP of Finance at various companies, providing her with extensive experience in financial operations and market dynamics [6][8]. Future Outlook - Kearnes expressed enthusiasm about leveraging her background to drive Byrna's growth, especially in light of the company's recent revenue growth and production capability expansion [7]. - CEO Bryan Ganz highlighted Kearnes' expertise in financial strategy and leadership as crucial for Byrna's continued scaling and innovation [9].
Byrna Technologies Names Lauri Kearnes as Chief Financial Officer
GlobeNewswire News Room· 2024-06-24 12:00
Core Viewpoint - Byrna Technologies Inc. has appointed Lauri Kearnes as Chief Financial Officer, effective July 15, 2024, to enhance its financial leadership and support growth initiatives [1][2]. Company Overview - Byrna Technologies specializes in developing, manufacturing, and selling innovative less-lethal personal security solutions, including the Byrna® SD personal security device, which is a CO2 powered launcher designed for consumer, private security, and law enforcement markets [3]. Leadership Transition - Lauri Kearnes brings over 20 years of experience in financial and operational leadership, previously serving as CFO for Harte Hanks, where she managed finance for a company with over $200 million in annual revenues [8]. - The current CFO, David North, is retiring on July 15, 2024, but will remain as an outside consultant to ensure continuity [6]. Kearnes' Background - Kearnes has held various key positions, including Corporate Controller and VP of Finance, and has experience in high-tech manufacturing and consumer-focused industries [5][9]. - She holds both undergraduate and master's degrees in accounting from Utah State University [11]. Future Outlook - Kearnes expressed enthusiasm about driving Byrna's growth and contributing to the company's strong financial performance amid recent revenue growth and production expansion [9].
Down -6.69% in 4 Weeks, Here's Why You Should You Buy the Dip in Byrna Technologies (BYRN)
ZACKS· 2024-06-21 14:35
Here is How to Spot Oversold Stocks quest for reaching the old equilibrium of supply and demand. We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. Technically, every stock oscillates between being overbought and oversold irrespecti ...
All You Need to Know About Byrna Technologies (BYRN) Rating Upgrade to Strong Buy
ZACKS· 2024-06-11 17:00
Investors might want to bet on Byrna Technologies Inc. (BYRN) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. As such, the Zacks rating upgrade for Byrna Technologies is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. Harnessing the Power of Earnings Estimate Revisions Earnings Estimate R ...
Byrna Technologies (BYRN) - 2024 Q2 - Quarterly Results
2024-06-05 13:32
| --- | --- | --- | --- | --- | --- | |-------------------------------------------------|---------------|----------|---------------|---------|---------------------------------------| | Sales Channel ($ in 000s) \nByrna.com | Q2 2024 \n$ | \n11,379 | Q2 2023 \n$ | \n5,758 | % Increase / (Decrease) \n97.6% | | Amazon | $ | 3,214 | $ | 1,082 | 197.0% | | Dealer/Distributor | $ | 3,447 | $ | 2,785 | 23.8% | | Fox Labs | $ | 386 | $ | 272 | 41.9% | | Canada | $ | 555 | $ | 336 | 65.2% | | Mexico | $ | 88 | $ | 1 ...
Byrna Technologies Announces Record Preliminary Q2 2024 Results: Revenues Exceed $20 Million; Q2 Production Totals Over 48,000 Units
Newsfilter· 2024-06-05 12:00
ANDOVER, Mass., June 05, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. ("Byrna" or the "Company") (NASDAQ:BYRN), a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions, today announced select preliminary financial results for the fiscal second quarter ended May 31, 2024. | | | | Q2 2024 vs. Q2 2023 | | | | --- | --- | --- | --- | --- | --- | | Sales Channel ($ in 000s) | | Q2 2024 | | Q2 2023 | % Increase / (Decrease) | | Byrna.co ...
Byrna Technologies Adds Three Additional Media Influencers Launching in June
globenewswire.com· 2024-05-23 12:00
Core Insights - Byrna Technologies Inc. has announced strategic partnerships with three media personalities to enhance its visibility and promote its mission of safer personal security solutions [1][3] - The partnerships will feature Byrna on popular radio shows and podcasts, significantly increasing its audience reach [2][3] Company Overview - Byrna Technologies specializes in developing, manufacturing, and selling innovative less-lethal personal security solutions, including the Byrna® SD personal security device [4] - The Byrna® SD is a CO2 powered launcher designed as a less-lethal alternative to firearms for consumers, private security, and law enforcement markets [4] Partnership Details - Dan Bongino's show reaches over 400,000 individuals daily and has more than 1.2 million weekly podcast downloads [2] - Dana Loesch's show reaches 100,000 weekly listeners [2] - Mike Gallagher's show connects with over 100,000 daily listeners [2] - Byrna aims to expand its roster of brand ambassadors through these partnerships [3]
Byrna Technologies Inc. (BYRN) Suffers a Larger Drop Than the General Market: Key Insights
zacks.com· 2024-05-22 23:16
The most recent trading session ended with Byrna Technologies Inc. (BYRN) standing at $10.98, reflecting a -1.7% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.27%. At the same time, the Dow lost 0.51%, and the tech-heavy Nasdaq lost 0.19%. The company's shares have seen a decrease of 13.68% over the last month, not keeping up with the Business Services sector's gain of 5.11% and the S&P 500's gain of 7.34%. Analysts and investors alike will ...