Byrna Technologies Prepares for Game-Changing Q2 Earnings Report

Author: Owen Jenkins Updated: 07-02-2025 09:58 AM

Overview of Byrna Technologies Inc

Byrna Technologies Inc (NASDAQ: BYRN) is gearing up for its highly anticipated earnings results for the upcoming second quarter. Analysts are closely watching, as the company plans to unveil its performance before the market opens on a Thursday morning.

Anticipated Earnings Results

Industry experts predict that Byrna is set to report earnings of approximately 3 cents per share, reflecting a significant moment for investors. The company estimates that it will achieve quarterly revenue figures around $28.47 million, a remarkable increase compared to the $20.27 million recorded a year prior.

Recent Financial Highlights

Recently, Byrna Technologies announced preliminary revenues of $28.5 million for the fiscal second quarter. This projection signals a strong potential for future growth and is aligned with market expectations, solidifying Byrna's place in the industry.

Stock Performance

In the lead-up to this earnings report, Byrna's shares experienced a slight dip, closing down by 1.8% at $30.33. Market movements like these keep investors on their toes, emphasizing the importance of the upcoming earnings call.

Analysts' Ratings and Insights

With earnings season in full swing, the perspectives of finance professionals become invaluable. Recent ratings from some of the most reliable analysts provide a clearer picture of what investors might expect:

B. Riley Securities analyst Jeff Van Sinderen has reiterated a Buy rating on Byrna, increasing the price target from $38 to $39. His accuracy rate stands at an impressive 74%, reflecting confidence in Byrna's growth potential.
Similarly, Roth MKM analyst Matt Koranda maintained a Buy rating with a revised price target of $33. His accuracy rate is noted at 61%, further illustrating a favorable outlook for the company's stock.

Conclusion

As Byrna Technologies prepares for its earnings report, all eyes will be on the results, analysts' expectations, and the implications for shareholders. Given the positive preliminary revenue figures and analyst support, investors may find themselves optimistic about what lies ahead.

Frequently Asked Questions

What are the anticipated earnings for Byrna Technologies?

Analysts predict that Byrna Technologies will report earnings of around 3 cents per share for the second quarter.

What revenue does Byrna expect for this quarter?

Byrna Technologies expects to report quarterly revenue of approximately $28.47 million.

How has Byrna's stock performed recently?

Byrna's shares fell by 1.8% to close at $30.33 ahead of the earnings call.

Which analysts have rated Byrna Technologies recently?

Jeff Van Sinderen from B. Riley maintained a Buy rating, increasing the price target, while Matt Koranda from Roth MKM also reaffirmed a Buy rating.

What is the market sentiment towards Byrna stock?

Overall, analysts seem optimistic about Byrna’s potential, suggesting a favorable outlook ahead of the earnings report.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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