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Byrna Technologies Reports First Quarter Results

Byrna Technologies Reports First Quarter Results
Enhanced Market Awareness and Expanded Production Capacity Drive Strong Revenue Growth
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ANDOVER, Mass., April 13, 2021 /PRNewswire/ Byrna Technologies Inc. (OTCQB: BYRN) (CSE: BYRN) ( Byrna or the Company ) today announced results for its fiscal first quarter ended February 28, 2021.
First Quarter 2021 Compared to First Quarter 2020:
Revenues were $8.9 million compared to $149,000.
Gross margin was 53.3% compared to (19.5)%.
GAAP net loss was ($272,000) compared to a GAAP net loss of ($2.3) million.
The quarter-over-quarter growth in revenues reflects the large increase in consumer demand for our Byrna
® HD non-lethal personal security device that began during the second half of 2020, stated Bryan Ganz, CEO of Byrna. It was gratifying to also see steady improvement in our bottom-line performance, Ganz added. Excluding no ....

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Byrna Technologies Inc sees dramatic fiscal 1Q revenue surge as demand for Byrna HD personal security device grow

Byrna Technologies Inc sees dramatic fiscal 1Q revenue surge as demand for Byrna HD personal security device grow
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Byrna Technologies Reports First Quarter Results

Byrna Technologies Reports First Quarter Results
newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.

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