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Byrna Technologies Reports Net Loss of $1.1 Million in Q2 2023

Byrna Technologies Reports Net Loss of $1.1 Million in Q2 2023

Byrna Technologies Announces Revenue of $11.5 Million for the Second Quarter of 2023

By USInMinutes
Published - Jul 11, 2023, 04:06 PM ET
Last Updated - Jul 18, 2023, 03:03 PM EDT

Byrna Technologies Inc. (BYRN), a leading provider of non-leth al personal security devices, has released its unaudited condensed consolidated financial statements for the second quarter ended May 31, 2023. The company reported a net loss of $1.1 million for the quarter. Additionally, Byrna Technologies generated revenue of $11.5 million during the same period.

Net Income/Loss

Byrna Technologies recorded a net loss of $1.1 million for the second quarter of 2023, representing a decrease compared to the net loss of $3.0 million in the corresponding period of the previous year. The company's net loss per share – basic and diluted – was $0.05 for the quarter.

Revenue

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