Byrna Technologies reported a 42.5% decline in Q2 revenues and a sharp drop in gross margins due to inventory write-downs and weak demand. The company struggles with ineffective marketing and poor website conversion, leading to reduced traffic and lower sales. Despite these challenges, Byrna has a strong cash position and no debt, with management expecting cash flow to improve through inventory reduction and holiday sales. The stock is rated a highly speculative Buy with a 44% upside potential if management can successfully revamp its sales strategy.
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 am...
Byrna Technologies has entered a definitive agreement to acquire most assets of HERO Defense Systems, adding compact, everyday-carry less-lethal personal defense products to its portfolio. This acquisition broadens Byrna's offerings to include smalle...
