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Byrna Technologies reports Q2 2026 revenue drop to $16.4M, plans cost cuts and growth initiatives amid market softness

Company Fundamentals
09 Jul 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Byrna Technologies reported a 43% year-over-year revenue decline to $16.4 million in Q2 2026, driven by weaker e-commerce sales and slower retail reorders. The company took operational steps including reducing production lines and ceasing in-house ammo manufacturing to cut costs and manage inventory. Byrna is expanding its product portfolio through acquisition and boosting marketing efforts, including a promising "try before you buy" program with a 30% conversion rate. Management expects no revenue growth for fiscal 2026 but aims to improve performance in H2 and position for consistent growth in 2027.

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