Latest news with #Byrna
Yahoo
4 days ago
- Business
- Yahoo
Why Is Byrna (BYRN) Stock Rocketing Higher Today
Shares of non-lethal weapons company Byrna (NASDAQ:BYRN) jumped 20.5% in the afternoon session after the company reported strong preliminary Q2 2025 results, with sales expected to be roughly $28.5 million, representing a 41% increase from $20.3 million in the fiscal second quarter of 2024. The promising result was attributed to strong early demand for the new Byrna Compact Launcher (CL), which launched on May 1, along with meaningful channel expansion. The shares closed the day at $31.34, up 18% from previous close. Is now the time to buy Byrna? Access our full analysis report here, it's free. Byrna's shares are extremely volatile and have had 71 moves greater than 5% over the last year. But moves this big are rare even for Byrna and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 10 days ago when the stock gained 5.9% after the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. Byrna is up 11.2% since the beginning of the year, and at $31.50 per share, it is trading close to its 52-week high of $34.19 from February 2025. Investors who bought $1,000 worth of Byrna's shares 5 years ago would now be looking at an investment worth $5,212. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Why Is Byrna (BYRN) Stock Rocketing Higher Today
Shares of non-lethal weapons company Byrna (NASDAQ:BYRN) jumped 20.5% in the afternoon session after the company reported strong preliminary Q2 2025 results, with sales expected to be roughly $28.5 million, representing a 41% increase from $20.3 million in the fiscal second quarter of 2024. The promising result was attributed to strong early demand for the new Byrna Compact Launcher (CL), which launched on May 1, along with meaningful channel expansion. The shares closed the day at $31.34, up 18% from previous close. Is now the time to buy Byrna? Access our full analysis report here, it's free. Byrna's shares are extremely volatile and have had 71 moves greater than 5% over the last year. But moves this big are rare even for Byrna and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 10 days ago when the stock gained 5.9% after the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. Byrna is up 11.2% since the beginning of the year, and at $31.50 per share, it is trading close to its 52-week high of $34.19 from February 2025. Investors who bought $1,000 worth of Byrna's shares 5 years ago would now be looking at an investment worth $5,212. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
5 days ago
- Business
- Yahoo
Byrna Technologies Announces Preliminary Fiscal Second Quarter Record Revenues of $28.5 Million
Company Achieves 41% Year-Over-Year Growth Driven by Compact Launcher Rollout and Retail Expansion ANDOVER, Mass., June 05, 2025 (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 select preliminary financial results for the fiscal second quarter ended May 31, 2025. Preliminary Second Quarter ResultsBased on preliminary unaudited results, Byrna expects total revenue for the fiscal second quarter of 2025 to be $28.5 million, representing a 41% increase from $20.3 million in the fiscal second quarter of 2024. The record Q2 performance was driven by strong early demand for the new Byrna Compact Launcher (CL), which launched on May 1, along with meaningful channel expansion. E-commerce sales grew 15% year-over-year, supported by growing brand recognition and an increasingly balanced channel mix. Dealer sales rose 106% year-over-year to $7.5 million, driven by early success in the Company's partnership with Sportsman's Warehouse, which soft-launched Byrna products in select stores during the second quarter. As of quarter-end, the program had rolled out an initial group of stores featuring shop-in-shop formats, with in-store 'Byrna Genius' installations expected to begin in July to support continued growth and deepen in-store engagement. Growth in the dealer channel also reflected continued momentum from Byrna's traditional distributor network. International sales rose 86%, including approximately $800,000 in royalty revenue from Byrna LATAM, which is up from a negligible base in the prior year period. To ensure sufficient supply for the CL launch and build inventory across product lines, Byrna produced 38,237 Compact Launchers in the quarter, contributing to a total of 63,835 launchers manufactured. Management Commentary'We are continuing to raise the bar at Byrna and are encouraged with our ability to generate a record $28.5 million in revenue for the second quarter,' said Byrna CEO Bryan Ganz. 'While we saw softness in overall consumer spending throughout the quarter, the launch of the CL and sustained expansion of our total addressable market helped drive a 41% year-over-year increase in revenue. This success is a testament to the growing strength of our brand and the innovation behind the CL. 'Over the past six months, we've steadily ramped production to support a successful launch of the CL. With the rollout now underway and a healthy inventory of SD and LE launchers in place, we are transitioning to a steady-state production cadence of 15,000 launchers per month. Combined with the ramping Sportsman's Warehouse partnership and an expanded influencer roster—including the recent addition of Tucker Carlson—we're well positioned to maintain momentum through the second half of 2025 and beyond.' Preliminary Fiscal Second Quarter 2025 Sales Breakdown: Sales Channel ($ in millions) Q2 2025 Q2 2024 % Change Web 16.6 14.4 15% Byrna Dedicated Dealers 7.5 3.6 106% Law Enforcement / Schools / Pvt Security 0.1 0.0 120% Retail Stores 0.8 0.2 223% International 3.6 1.9 86% Total Sales 28.5 20.3 41% Conference CallByrna plans to report its full financial results for the fiscal second quarter in July, which will be accompanied by a conference call to discuss the results and address questions from investors and analysts. The conference call details will be announced prior to the event. About Byrna Technologies is a technology company specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company's investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a non-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company's e-commerce store. Forward-Looking StatementsThis news release contains 'forward-looking statements' within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans,' 'expects,' 'intends,' 'anticipates,' and 'believes' and statements that certain actions, events or results 'may,' 'could,' 'would,' 'should,' 'might,' 'occur,' 'be achieved,' or 'will be taken.' Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include, but are not limited to, our statements related to preliminary revenue results for the second fiscal quarter 2025, the timing of the release of full financial results for the quarter, expectations for future sales growth and demand trends, the impact of marketing strategies, the anticipated performance of new products and retail store expansion, and the Company's ability to sustain momentum throughout 2025. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied. Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, disappointing market responses to current or future products or services; prolonged, new, or exacerbated disruption of the Company's supply chain; the further or prolonged disruption of new product development; production or distribution or delays in entry or penetration of sales channels due to inventory constraints, competitive factors, increased shipping costs or freight interruptions; prototype, parts and material shortages, particularly of parts sourced from limited or sole source providers; determinations by third party controlled distribution channels not to carry or reduce inventory of the Company's products; determinations by advertisers to prohibit marketing of some or all Byrna products; the loss of marketing partners or endorsers; potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factors; product design defects or recalls; litigation, enforcement proceedings or other regulatory or legal developments; changes in consumer or political sentiment affecting product demand; regulatory factors including the impact of commerce and trade laws and regulations; import-export related matters or tariffs, sanctions or embargos that could affect the Company's supply chain or markets; delays in planned operations related to licensing, registration or permit requirements; and future restrictions on the Company's cash resources, increased costs and other events that could potentially reduce demand for the Company's products or result in order cancellations. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, ('Risk Factors') in the Company's most recent Form 10-K, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in the Company's SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law. Investor Contact:Tom Colton and Alec WilsonGateway Group, Inc. 949-574-3860BYRN@
Yahoo
28-05-2025
- Business
- Yahoo
QFIN Vs BYRN: Which Niche Tech Stock Belongs in Your Portfolio?
Both Qifu Technology, Inc. QFIN and Byrna Technologies Inc. BYRN are lesser-known tech companies. While QFIN is a Chinese AI-driven consumer finance company, BYRN operates in the non-lethal self-defense technology sector, offering innovations and high growth potential. Despite their obscurity, these companies cater to a significantly tech-savvy user base. The comparative analysis of these two companies could benefit investors interested in low-profile tech stocks. QFIN relies on technological advancements to power its risk management practices. The company's AI + Finance strategy is changing the whole dynamic of credit services. In the first quarter of 2025, QFIN reported 15.8% year-over-year growth in loan origination, and its registered user base increased 11.1%. This improvement is led by the company's industry-first Intelligent Agent for Core Credit Business — a system of smart modules that streamline operations, improve risk management and create bespoke financial services. The company utilizes AI models to evaluate vast datasets to identify creditworthy individuals and small and medium enterprises, expanding its customer base while reducing defaults. Qifu Technology has improved its risk metrics by upgrading application and collection scorecards with AI, including LLMs, for real-time user communication data analysis and refinement of partner management. AI and big data are huge parts of QFIN's user acquisition strategy. The company's AI-led marketing strategy has improved its user profiling accuracy across channels, with a conversion rate of new credit line users to new borrowers growing 33% from the year-ago quarter in the first quarter of 2025. Finally, Qifu Technologyutilizes intelligent credit engine technology to operate a light capital model, contributing to its profitability and scalability. BYRN's technological advancements contribute to enhancing its product performance and appeal. The company's patented 'first-shot, pull-pierce' technology ensures that the Byrna launcher is ready to use all the time, addressing major drawbacks of other CO2-led devices. Reliability as such is a massive selling point for personal safety, making the product more appealing to customers and law enforcement, improving brand trust. Byrna Technologies' blunt impact projectile, a patented energy absorption system, is less lethal yet efficient, which is crucial for the company's target markets and sets it apart from competitors. The company employs technology to create designs that are miniature and user-friendly, thereby expanding the market for its products. This strategy enhances accessibility and convenience for a diverse range of users, including those who are uneasy with traditional ammunition. Furthermore, the company is boosting production and is preparing the initiation of its Compact Launcher in mid-2025. Byrna Technologies has augmented launcher production by 33% in the first quarter of 2025, touching 24,000 units per month to meet the increasing market demand and fuel operational expansion. Shifting ammunition production domestically is improving its supply chain and is anticipated to enhance product margins. These technological investments and market initiatives are estimated to drive growth throughout 2025 and in the future, positioning the company for prolonged success. The Zacks Consensus Estimate for Byrna Technologies' fiscal 2025 sales is pegged at $111.7 million, suggesting 30.2% year-over-year growth. The consensus estimate for earnings is pegged at 35 cents, indicating a 12.9% rise from the preceding year's actual. Two estimates for fiscal 2025 have moved north in the past 60 days versus no southward revisions. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Qifu Technology's 2025 sales is pegged at $2.6 billion, implying 7.6% year-over-year growth. The consensus estimate for earnings is pegged at $6.94 per share, indicating 22.6% year-over-year growth. One estimate for 2025 has moved north in the past 60 days versus no southward revisions. Image Source: Zacks Investment Research QFIN's forward earnings multiple is 61.74X, lower than its 12-month median of 92.59X. BYRN's 5.83X is slightly lower than its median of 5.84X. Image Source: Zacks Investment Research Qifu Technology and Byrna Technologies are impressive tech stocks. While QFIN leverages technology by providing credit access to customers, BYRN utilizes technical advancements to design and manufacture less-lethal personal security solutions. BYRN appears to be a more compelling investment option since the personal security device market holds untapped potential, mainly compared with the fintech market, which is competitive and more mature. Furthermore, BYRN, a fundamentally strong stock, is significantly cheaper than QFIN, making it a more compelling opportunity for growth-focused investors today. Byrna Technologies and Qifu Technology both have a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Qifu Technology, Inc. (QFIN) : Free Stock Analysis Report Byrna Technologies Inc. (BYRN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
27-05-2025
- Business
- Yahoo
MSC Industrial, Byrna, American Superconductor, NN, and United Airlines Stocks Trade Up, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Maintenance and Repair Distributors company MSC Industrial (NYSE:MSM) jumped 5.6%. Is now the time to buy MSC Industrial? Access our full analysis report here, it's free. Law Enforcement Suppliers company Byrna (NASDAQ:BYRN) jumped 5.9%. Is now the time to buy Byrna? Access our full analysis report here, it's free. Renewable Energy company American Superconductor (NASDAQ:AMSC) jumped 6%. Is now the time to buy American Superconductor? Access our full analysis report here, it's free. Engineered Components and Systems company NN (NASDAQ:NNBR) jumped 7%. Is now the time to buy NN? Access our full analysis report here, it's free. Travel and Vacation Providers company United Airlines (NASDAQ:UAL) jumped 5.9%. Is now the time to buy United Airlines? Access our full analysis report here, it's free. NN's shares are extremely volatile and have had 55 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 4 months ago when the stock gained 20.2% as the company reported impressive preliminary guidance, with full-year 2024 new business wins expected to exceed the high end of its previous guidance. Management added, "We will continue this pace of new business acquisition into 2025 and 2026 and have a $720 million pipeline to support it. 2025 is off to a great start with the simultaneous launch of fifty [50] new programs during the first quarter." NN is down 34% since the beginning of the year, and at $2.09 per share, it is trading 50.9% below its 52-week high of $4.25 from December 2024. Investors who bought $1,000 worth of NN's shares 5 years ago would now be looking at an investment worth $434.37. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
