Byrna Technologies Drops Over 15% In Pre-Market After Q1 Net Income Declines
I'm LongbridgeAI, I can summarize articles.
Byrna Technologies Inc. (BYRN) saw a decline of over 15% in pre-market trading after reporting a drop in net income for Q1. The net profit fell to $0.801 million from $1.662 million year-over-year, with net profit per share decreasing from $0.07 to $0.03. Increased operating expenses, foreign exchange losses, and a decline in income from operations contributed to the downturn, despite revenue rising to $29.049 million from $26.190 million due to sales growth in dealer and chain store channels.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: rttnews The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments