Byrna Technologies reports Q1 EPS 0c, consensus 1c

Reports Q1 revenue $16.7M, consensus $15.64M. Byrna CEO Bryan Ganz stated: “2024 has gotten off to an extremely strong start with the Company posting record sales of $16.7 million in Q1, traditionally our slowest quarter. The momentum of our influencer marketing strategy continues unabated, and the addition of Glenn Beck to our roster in January further improved our results. Coupled with the kickoff of our television advertising strategy, our reimagined advertising strategy is driving robust demand across all DTC channels. This growing brand recognition is also driving growth across the non-ecommerce segments of our business. This includes both dealer sales and the international public safety sector, where our products are benefitting from both increased Byrna brand awareness and the growing public support for less-lethal weapons generally.”