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Byrna Technologies Announces Preliminary Fiscal Second Quarter Record Revenues of $28.5 Million
Globenewswire· 2025-06-05 20:05
Core Insights - Byrna Technologies Inc. reported a 41% year-over-year revenue growth for the fiscal second quarter of 2025, reaching $28.5 million, up from $20.3 million in the same quarter of 2024, driven by the launch of the Byrna Compact Launcher and retail expansion [2][6][8] Revenue Breakdown - E-commerce sales increased by 15% year-over-year, reflecting growing brand recognition and a balanced channel mix [3] - Dealer sales surged by 106% year-over-year to $7.5 million, attributed to the partnership with Sportsman's Warehouse and the introduction of shop-in-shop formats [4][8] - International sales rose by 86%, including approximately $800,000 in royalty revenue from Byrna LATAM, which was negligible in the prior year [5][8] Production and Inventory - Byrna produced 38,237 Compact Launchers in the quarter, contributing to a total of 63,835 launchers manufactured [5] - The company is transitioning to a steady-state production cadence of 15,000 launchers per month to support ongoing demand [7] Management Commentary - Byrna's CEO expressed optimism about the company's ability to generate record revenue despite overall consumer spending softness, attributing success to the CL launch and market expansion [6] - The company plans to maintain momentum through the second half of 2025, supported by partnerships and an expanded influencer roster [7] Upcoming Events - Byrna plans to report full financial results for the fiscal second quarter in July, accompanied by a conference call for investors and analysts [9]
Byrna Technologies Announces the Debut of the Byrna CL, the World's Most Concealable Less-Lethal Launcher
GlobeNewswire News Room· 2025-04-22 12:00
ANDOVER, Mass., April 22, 2025 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. ("Byrna" or the "Company") (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced the official launch of its highly anticipated Byrna Compact Launcher ("CL"). The Company will begin accepting orders for this revolutionary new launcher on April 24, with product shipments beginning May 1. Weighing just 0.76 pound ...